US Oil exports to Nigeria and Africa decline for fifth consecutive month ports

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The United States’ oil exports to Nigeria and other African nations have dropped to 3.3 million barrels per day (bpd) for the fifth consecutive month, according to the Organisation of Petroleum Exporting Countries’ (OPEC) August 2025 Monthly Oil Market Report. The report noted that “US crude exports declined for the fifth month in a row to average just 3.3 mb/d, the lowest level since March 2022, driven by lower flows to Europe and Africa, particularly Nigeria.”

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This decline coincides with the start-up of some domestic refineries, including the 650,000 bpd Dangote Petroleum Refinery, which has led to increased crude oil imports from global markets, including the US. However, recent checks indicate that such importation has reduced due to increased local production

OPEC reported that Nigeria’s oil output, excluding condensate, rose by 11% year-on-year to 1.559 million bpd in July, representing the highest monthly production level in 2025. The organisation’s report stated that the nation’s crude oil output increased from 1.386 million bpd in July 2024 to 1.559 million bpd in July 2025.

In contrast, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced that Nigeria’s oil output surpassed 1.8 million bpd last month. NUPRC’s Chief Executive, Gbenga Komolafe, said, “The Commission is pursuing the Project 1 MMBOPD Incremental initiative with modest gains recorded owing to the multi-stakeholder collaborative approach adopted. We are glad to report that we crossed the 1.8 MMBOPD mark on peak production last month, with average production hovering at 1.78 MMBOPD.”

Komolafe added, “As part of our commitment towards sustainable production, the Commission is optimising the Maximum Efficient Rate (MER) framework, addressing produced water management, and aligning operational shutdowns and turnaround maintenance schedules to ensure minimal production disruptions. Given the above and with the concerted efforts of all, the presidential mandate on production increase is well within reach.

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