The Nigerian National Petroleum Company (NNPC) Limited, the largest oil producer in Africa, had a strong fiscal year 2025, generating ₦60.517 trillion in total revenue, ₦14.706 trillion in statutory payments to government agencies and partners, and ₦5.760 trillion (approximately $4.26 billion) in after-tax profit. NNPC produced 1.62 million barrels of crude oil and condensate per day (bpd) on average during that time. However, planned maintenance and unforeseen operational disruptions caused a modest reduction in output in December. Revenue was ₦4.824 trillion for the month, while production was 1.54 million barrels per day. The average daily supply of natural gas in December was 6.914 billion standard cubic feet, indicating that gas activities are still strong.
Nigerian Refining Limited stations achieved 65 percent Premium Motor Spirit (PMS) availability in December, an increase over prior times, according to the company's report on advances in downstream operations. Pipeline systems recorded 100% uptime during the month, demonstrating the continued strength of the upstream infrastructure performance.
NNPC also reported on the status of important gas infrastructure projects. In December, the mainline welding of the Ajaokuta-Kaduna-Kano (AKK) gas pipeline was completed, while the pilot hole drilling for the Obiafu-Obrikom-Oben (OB3) gas pipeline progressed.
The business stated that all operational and financial data are still preliminary and subject to final reconciliation with pertinent parties.
