diff --git a/ansible/group_vars/all.yml b/ansible/group_vars/all.yml
index 8409d254ce..702ac7fa60 100644
--- a/ansible/group_vars/all.yml
+++ b/ansible/group_vars/all.yml
@@ -1118,6 +1118,7 @@ prometheus_elasticsearch_exporter_interval: "{{ prometheus_scrape_interval }}"
 prometheus_cmdline_extras:
 prometheus_ceph_mgr_exporter_endpoints: []
 prometheus_openstack_exporter_endpoint_type: "internal"
+prometheus_openstack_exporter_compute_api_version: "latest"
 prometheus_libvirt_exporter_interval: "60s"
 
 ############
diff --git a/ansible/roles/prometheus/defaults/main.yml b/ansible/roles/prometheus/defaults/main.yml
index d4bc516e40..4c8e9b9b05 100644
--- a/ansible/roles/prometheus/defaults/main.yml
+++ b/ansible/roles/prometheus/defaults/main.yml
@@ -76,6 +76,8 @@ prometheus_services:
     container_name: "prometheus_openstack_exporter"
     group: "prometheus-openstack-exporter"
     enabled: "{{ enable_prometheus_openstack_exporter | bool }}"
+    environment:
+      OS_COMPUTE_API_VERSION: "{{ prometheus_openstack_exporter_compute_api_version }}"
     image: "{{ prometheus_openstack_exporter_image_full }}"
     volumes: "{{ prometheus_openstack_exporter_default_volumes + prometheus_openstack_exporter_extra_volumes }}"
     dimensions: "{{ prometheus_openstack_exporter_dimensions }}"
diff --git a/ansible/roles/prometheus/handlers/main.yml b/ansible/roles/prometheus/handlers/main.yml
index d155cf825c..e8868b9c80 100644
--- a/ansible/roles/prometheus/handlers/main.yml
+++ b/ansible/roles/prometheus/handlers/main.yml
@@ -117,6 +117,7 @@
     image: "{{ service.image }}"
     volumes: "{{ service.volumes }}"
     dimensions: "{{ service.dimensions }}"
+    environment: "{{ service.environment|default(omit) }}"
   when:
     - kolla_action != "config"
 
diff --git a/ansible/roles/prometheus/tasks/check-containers.yml b/ansible/roles/prometheus/tasks/check-containers.yml
index 7aa6ae378e..0f74139b95 100644
--- a/ansible/roles/prometheus/tasks/check-containers.yml
+++ b/ansible/roles/prometheus/tasks/check-containers.yml
@@ -9,6 +9,7 @@
     pid_mode: "{{ item.value.pid_mode|default('') }}"
     volumes: "{{ item.value.volumes }}"
     dimensions: "{{ item.value.dimensions }}"
+    environment: "{{ item.value.environment|default(omit) }}"
   when:
     - inventory_hostname in groups[item.value.group]
     - item.value.enabled | bool
diff --git a/releasenotes/notes/openstack-exporter-nova-version-9e75cb7ec04658f2.yaml b/releasenotes/notes/openstack-exporter-nova-version-9e75cb7ec04658f2.yaml
new file mode 100644
index 0000000000..5eaa169a5c
--- /dev/null
+++ b/releasenotes/notes/openstack-exporter-nova-version-9e75cb7ec04658f2.yaml
@@ -0,0 +1,7 @@
+---
+features:
+  - |
+    Adds support for configuring the Openstack Compute API microversion used by
+    the OpenStack exporter for Prometheus using the
+    ``prometheus_openstack_exporter_compute_api_version`` variable. The default
+    value is ``latest``, matching the default behaviour of the exporter.