The Nigerian National Petroleum Company Limited (NNPC Ltd.) posted a N5.76 trillion profit after tax (PAT) after recording N60.5 trillion in revenue for the 2025 financial year.
In its Deember 2025 Monthly Report Summary, NNPC Ltd. highlighted key performance indicators, including crude oil and condensate production, natural gas output, revenue, PAT, and strategic initiatives during the period under review.
The report noted that crude oil production remained relatively moderate, with pipeline maintenance activities disrupting some operations during the year.
Average crude oil and condensate production stood at 1.54 million barrels per day (mbpd), reflecting steady output amid ongoing infrastructure upgrades and security challenges across producing regions.
Gas production reached 6,914 million standard cubic feet per day (mmscfd) in December. Monthly figures showed output peaking above 7,500 mmscfd mid-year before tapering slightly toward year-end. Gas sales also remained steady, averaging more than 4,700 mmscfd, underscoring NNPC’s focus on gas as Nigeria’s transition fuel and a key revenue stabiliser.
The report indicated that profitability dipped in some months, with marginal losses recorded early in the year before rebounding strongly between March and June, while operational reliability improved considerably.
In terms of upstream pipeline availability, the Obiafu-Obrikom-Oben Gas Pipeline (OB3) recorded 100% availability, the Ajaokuta-Kaduna-Kano Gas Pipeline (AKK) recorded 91%, while NNPC Retail Limited (NRL) station availability stood at 65%.
The data showed significant gains in network stability and product distribution efficiency, particularly in the second half of the year.
Planned maintenance and upgrade works at Stardeep-Agbami and Renaissance–Estuary Area (EA), as well as unplanned production facility outages, affected December production performance.
The company also reported the successful completion of key engineering works, including river crossings and mainline welding operations on the AKK mainline. It added that the OB3 River Niger crossing has been completed, early works finalised, and pilot hole drilling commenced, with the project remaining on schedule.
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