- NNPC made N748bn profit and N5.89tn revenue in April 2025.
- OB3 and AKK pipelines are 95% and 70% complete.
- Q4 projects include OMLs 102, 29, 30, 42, and Brass Fertilizer.
Nigerian National Petroleum Company (NNPC) Limited says it recorded a profit after tax (PAT) of N748 billion in April 2025.
EKO HOT BLOG reports that the national oil firm disclosed this im its new report titled ‘NNPC Limited Monthly Report Summary — April 2025,’ adding that it recorded revenue amounting to N5.89 trillion for the same period.
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The Nigerian National Petroleum Company (NNPC) reported making statutory payments of N4.22 trillion between January and March 2025. It noted that all figures are provisional and unaudited.
In April, crude oil and condensate production averaged 1.60 million barrels per day. Natural gas output stood at 7.47 million standard cubic feet per day.
NNPC clarified that the data only covers its operations and excludes figures from independent producers, which are reported by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).
Petrol availability at NNPC Retail Limited stations was 54 percent during the month. Upstream pipeline reliability was reported at 97 percent.
The Obiafu-Obrikom-Oben (OB3) gas pipeline project was 95 percent complete. The Ajaokuta-Kaduna-Kano (AKK) pipeline reached 70 percent completion.
NNPC said technical interventions were underway on both pipelines to address River Niger crossing challenges.
The company also worked with venture partners in April to support sustainable production. It completed the implementation of presidential directives and executive orders for upstream operations.
Turnaround maintenance was completed on OMLs 18, 58, 118, and 133.
The Port Harcourt, Warri, and Kaduna refineries remained under review during the month.
NNPC said several final investment decisions (FIDs) are expected in the fourth quarter of 2025.
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NNPC outlined the projects to include the “Ntokon Development Project (OML 102), the Crude Oil Production Expansion Project (OML 29), gas development projects in OML 30 and OML 42, and the financial close of the Brass Fertilizer project”.
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