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Nigerian Oil & Gas Sector Sees Progress in June 2025

The Nigerian National Petroleum corporation  (NNPC) Limited, had a strong June 2025, according to their latest monthly report. The corporation showed solid performance and made important strides in Nigeria’s oil and gas industry.

They produced 1.68 million barrels of crude oil and other petroleum liquids daily, alongside 7,581 million standard cubic feet of natural gas each day.

Financially, NNPC Limited Monthly report,  showed  a significant revenue of NGN 4,571 billion and a profit after tax of NGN 905 billion for June 2025. The company also made substantial statutory payments totaling NGN 6,961 billion from January to May. Meanwhile,upstream pipeline availability stood at a robust 97%.

A key strategic effort noted in the report is the ongoing industry-wide collaborations aimed at improving production and optimizing costs.

NNPC also had notable achievements such as: the successful completion of the Ajaokuta-KadunaKano (AKK) gas pipeline’s River Niger Crossing, which significantly de-risked the overall project. The report states, “AKK: Successfully completed the AKK River Niger Crossing which significantly derisked the completion of the mainline”.

However, this success is now being leveraged for the technical review of the Obiafu-Obrikom gas (OB3) River Niger crossing, with the aim of replicating the learnings.

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Also, updates on the status of the Port Harcourt Refining Company (PHRC), Warri Refining and Petrochemical Company (WRPC), and Kaduna Refining and Petrochemical Company (KRPC) reviews are also progressing.

Beyond its core operations, NNPC Limited has been actively involved in public impact initiatives.

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