In 2021, Nigeria's proven crude oil reserves amounted to 37 billion barrels. At that time, the country's petroleum exports value amounted to some 41.4 billion U.S. dollars. Nigeria joined the Organization of Petroleum Exporting Countries (OPEC) in 1971.
Selected figures about the fossil fuels industry in Nigeria in 2021
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$229 USD $199 USD / Month *
in the first 12 months
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you Africa's oil and gas industry
Oil reserves & production
4
Natural gas reserves & production
5
- Premium Statistic Natural gas reserves in Africa 2000-2021
- Premium Statistic Share of natural gas reserves from Africa 2019, by region
- Premium Statistic Countries with the largest natural gas reserves in Africa 2021
- Premium Statistic Natural gas production in Africa 1998-2022
- Premium Statistic Production volume of natural gas in African countries 2022
Infrastructure & refinery
5
- Premium Statistic Active oil rigs in Africa 2015-2021
- Premium Statistic Active oil and gas rigs in Africa 2023, by country
- Premium Statistic Oil refinery capacity in Africa 2011-2021
- Premium Statistic Oil refinery capacity in African countries 2021
- Premium Statistic Refinery output of oil products in Africa 2014-2019
International trade
6
- Premium Statistic Export volume of crude oil from Africa 2010-2022
- Premium Statistic Export volume of crude oil by country in Africa 2022
- Premium Statistic Import volume of crude oil into Africa 2010-2021
- Premium Statistic Export volume of natural gas from Africa 2010-2022
- Premium Statistic Export volume of natural gas in African countries 2022
- Premium Statistic Import volume of natural gas into Africa 2010-2021
Final consumption
5
- Premium Statistic Final energy consumption in Africa 2020, by sector
- Premium Statistic Final oil consumption in Africa 2014-2019
- Premium Statistic Final oil consumption in Africa by region 2019
- Premium Statistic Final consumption of natural gas in Africa 2014-2019
- Premium Statistic Final consumption of natural gas in Africa, by region 2019
Country overviews
4
Outlook
4
- Premium Statistic Major oil and gas projects in Africa 2021, by investment value
- Premium Statistic Leading oil and gas discoveries in Africa 2019
- Premium Statistic Upcoming liquids projects in Africa by resource volume 2020
- Premium Statistic Upcoming natural gas projects in Africa by resource volume 2021
Further related statistics
19
- Ecuador's fossil fuels industry select information 2018
- Anadarko Petroleum's fossil fuels sales volumes 2007-2018
- G20's average annual fossil fuel production subsidies by activity 2013-2014
- Global free cash flow of the largest private oil & gas companies 2013-2014
- Average annual public finance for fossil fuel production by G20 country 2013-2014
- Domestic public finance for fossil fuel production in G20 countries 2013-2014
- Financing via shares in MDBs for fossil fuel production in G20 countries 2013-2014
- Value of fossil fuel consumption subsidies in selected countries 2013
- Value of oil product consumption subsidies in selected countries 2013
- Global support for fossil-fuels 2013-2017
- Global fossil fuel subsidies by major country 2016
- Total fossil fuel extraction in the United Kingdom (UK) 1998-2017
- Oil production in Ecuador 1999-2022
- Fossil fuel consumption subsidies as percentage of GDP in select countries 2013
- Mexico: excise tax on fossil fuels 2019, by type
- CO2 emissions in Algeria 2000-2019
- Fossil fuel subsidies in Pakistan 2014-2016
- Brazil: CO₂ emissions from fossil fuels 1990-2021
- Naphtha import volume from Africa to Japan 2022, by country
Further Content: You might find this interesting as well
Statistics
- Ecuador's fossil fuels industry select information 2018
- Anadarko Petroleum's fossil fuels sales volumes 2007-2018
- G20's average annual fossil fuel production subsidies by activity 2013-2014
- Global free cash flow of the largest private oil & gas companies 2013-2014
- Average annual public finance for fossil fuel production by G20 country 2013-2014
- Domestic public finance for fossil fuel production in G20 countries 2013-2014
- Financing via shares in MDBs for fossil fuel production in G20 countries 2013-2014
- Value of fossil fuel consumption subsidies in selected countries 2013
- Value of oil product consumption subsidies in selected countries 2013
- Global support for fossil-fuels 2013-2017
- Global fossil fuel subsidies by major country 2016
- Total fossil fuel extraction in the United Kingdom (UK) 1998-2017
- Oil production in Ecuador 1999-2022
- Fossil fuel consumption subsidies as percentage of GDP in select countries 2013
- Mexico: excise tax on fossil fuels 2019, by type
- CO2 emissions in Algeria 2000-2019
- Fossil fuel subsidies in Pakistan 2014-2016
- Brazil: CO₂ emissions from fossil fuels 1990-2021
- Naphtha import volume from Africa to Japan 2022, by country
OPEC. (June 28, 2022). Selected figures about the fossil fuels industry in Nigeria in 2021 [Graph]. In Statista. Retrieved October 02, 2023, from https://www.statista.com/statistics/992565/selected-figures-on-fossil-fuels-in-nigeria/
OPEC. "Selected figures about the fossil fuels industry in Nigeria in 2021." Chart. June 28, 2022. Statista. Accessed October 02, 2023. https://www.statista.com/statistics/992565/selected-figures-on-fossil-fuels-in-nigeria/
OPEC. (2022). Selected figures about the fossil fuels industry in Nigeria in 2021. Statista. Statista Inc.. Accessed: October 02, 2023. https://www.statista.com/statistics/992565/selected-figures-on-fossil-fuels-in-nigeria/
OPEC. "Selected Figures about The Fossil Fuels Industry in Nigeria in 2021." Statista, Statista Inc., 28 Jun 2022, https://www.statista.com/statistics/992565/selected-figures-on-fossil-fuels-in-nigeria/
OPEC, Selected figures about the fossil fuels industry in Nigeria in 2021 Statista, https://www.statista.com/statistics/992565/selected-figures-on-fossil-fuels-in-nigeria/ (last visited October 02, 2023)
Selected figures about the fossil fuels industry in Nigeria in 2021 [Graph], OPEC, June 28, 2022. [Online]. Available: https://www.statista.com/statistics/992565/selected-figures-on-fossil-fuels-in-nigeria/