Pipeline security boosts Nigeria’s oil output to record levels
The Nigerian National Petroleum Company Limited has reported a significant increase in crude oil production, reaching a peak of 1.84 million barrels per day. Bashir Bayo Ojulari, the Group Chief Executive Officer, credited this growth to enhanced pipeline security in the Niger Delta. The announcement was made during a Parliamentary Roundtable on the State of Pipeline Security at the National Assembly. The improvements have also helped restore investor confidence in the oil and gas sector.
TLDR
- Bashir Bayo Ojulari said oil production rose from a low of 960,000 barrels per day in 2022 to an average of 1.71 million barrels per day, peaking at 1.84 million barrels per day in 2025.
- The increase is attributed to integrated energy security measures in the Niger Delta.
- Ojulari highlighted the importance of legislative and executive policy alignment, intelligence, and community surveillance in achieving these results.
- The Senate President, Godswill Akpabio, and Speaker of the House, Tajudeen Abbas, emphasized collaboration among agencies to address production challenges.
- Presentations at the roundtable included contributions from security agencies and oil industry regulators.
