The Nigerian National Petroleum Company Limited (NNPCL) has announced a revenue of ₦4.26 trillion and a profit after tax of ₦216 billion for September 2025, according to its latest monthly report.
The report showed that the company produced 1.61 million barrels per day of crude oil and condensate in the review period — a slight decline from 1.64 million bpd recorded in August, attributed to scheduled maintenance across upstream assets.
NNPCL also produced 5,284 million metric standard cubic feet of gas during the month, while its retail outlets achieved 77 percent availability of Premium Motor Spirit (PMS).
The report disclosed that the company made ₦10.07 trillion in statutory payments between January and August 2025.
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Providing updates on key infrastructure projects, NNPCL said the Obiafu–Obrikom–Oben (OB3) and Ajaokuta–Kaduna–Kano (AKK) gas pipeline projects have reached 96 percent and 88 percent completion respectively. The firm added that the OB3 River Niger Crossing segment is already operational, delivering around 300 million standard cubic feet per day of gas.
Industry sources confirmed that recent output moderation was due to planned maintenance activities, including at Nigeria LNG (NLNG) facilities, alongside phased recovery of previously shut-in assets and delays in operations at OMLs 71 and 72.
Experts described the temporary decline as a strategic reset to enhance asset integrity and ensure stronger performance in the final quarter of 2025.
A senior regulatory official noted that with most maintenance nearing completion, crude and gas production volumes are expected to rebound soon, reaffirming NNPCL's role in stabilising Nigeria's energy output.
