The Nigerian National Petroleum Company (NNPC) has declared that it obtained N5.89 billion income in April 2025.
A document entitled 'Monthly Summary of NNPC Limited – April 2025', published on the National Petroleum Company website, also declared a gain after tax (PAT) of N748 billion for April 2025, and added that it made legal transfers of N4.225 billion in the first three months of the year, in Janero as of March 2025.
According to the document, the production of crude and condensate oil of NNPC averaged 1.61 million barrels per day in April, while the production figures for January, February and March were 1.67MPD, 1.62MBPD and 1.56MBPD, respectively.
The report also added that the production of natural gas for April was 7.47 million standard cubic feet per day, while the figures of the first three months of the year were January (7,120 MMSCF/D), February (6,615 MMSCF/D) and March (6,928 MMSCF/D), as noted that “all financial figures are provisional and uncomfortable.”
While clarifying that the figures only reflect their operations and exclude the data from independent operators reported by the UPSTREAM Nigeria Petroleum Regulatory Commission (NUPRC), the NNPC said that the availability of gasoline at its retail stations was 54 percent during the month, with upstream upstream pipes in 97 percent.
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As an update on the important gas infrastructure revealed, with the Ajaokuta-Kaduna-Kano pipe project at a 70 percent completion stage and the Obiafu-Obrikom-Oben gas pipe project (OB3) with a complete 95 percent, the report said that Port Harcourt, Warri and Kaduna referred to the refineries of refineries in April in April. Venture Venture of Aperting yesterday from Ayperation to yesterday. Implementation of presidential directives and executive orders relevant to upstream operations.
The report also revealed several key final investment decisions (FID) scheduled for the fourth quarter of 2025, which includes the “Ntokon Development Project (OML 102), the raw oil production expansion project (OML 29), gas development projects in OML 30 and OML 42, and the financial closure of the bronze fertilizer project”.
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