NNPC Posts ₦60.5tn Revenue, ₦3.76tn Profit As Gas Output Hits 6.9bcf/d In 2025
•By Admin
ABUJA – NIGERIAN National Petroleum Company (NNPC) Limited recorded strong operational and financial performance in 2025, posting ₦60.5 trillion in revenue and ₦3.76 trillion profit after tax, even as crude oil production remained relatively moderate and pipeline maintenance activities disrupted some operations.
According to the company’s December 2025 Monthly Report Summary, 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 emerged as the company’s biggest strength during the year, climbing to 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 robust, averaging over 4,700 mmscfd, underlining NNPC’s growing pivot toward gas as Nigeria’s transition fuel and key revenue stabiliser.
Financials show mixed monthly trends because while annual numbers remained strong, monthly financials fluctuated.
Revenue stood at₦60.5tn (Jan–Dec), profit after tax: ₦3.76tn and statutory payments stood at ₦14.7tn.
The report indicates that profitability saw dips in some months, with marginal losses recorded early in the year before rebounding strongly between March and June.
Analysts say this reflects global oil price volatility and domestic maintenance shutdowns.
Operational reliability indicators improved considerably: Upstream pipeline availability: 100%, OB3 pipeline: 96%
AKK pipeline: 91%, NNPC Retail (NRL) and station availability: 65%.
The data suggests significant gains in network stability and product distribution efficiency, particularly in the second half of the year.
NNPC noted that planned maintenance and upgrade works, especially on the Trans Niger Pipeline, AKK, and OB3 gas infrastructure, temporarily affected deliveries. However, the company reported successful completion of key engineering works, including river crossings and welding operations.
A retail station network map shows nationwide coverage, reinforcing the company’s continued dominance in downstream fuel distribution.
Industry observers say the results highlight NNPC’s gradual transition toward gas-led growth, improved infrastructure uptime, and stronger fiscal contributions to government coffers.
With pipeline reliability nearing full capacity and gas output rising, analysts expect improved stability in 2026 — provided global market conditions and domestic security remain favourable.