Crude oil barrels
Oct. 21, 2025
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has recorded 1.61 million barrels per day (mbpd) of Crude and condensate production in September, slightly down from 1.65 mbpd recorded in August.
This was disclosed in the NNPC’s Monthly Financial and Operations Report for September 2025, released on Tuesday and made available to the News Agency of Nigeria (NAN).
Output had fluctuated between 1.57mbpd and 1.70 mbpd from January to September, reflecting the lingering impact of pipeline disruptions, crude theft, and deferred production linked to scheduled and unscheduled maintenance.
The case was not different for Natural Gas Production which recorded 6,284million standard cubic feet per day (mmscf/d) in September, against robust 6,949 mmscf/d recorded in August.
The report also revealed that the national oil company recorded N4.3 trillion revenue, declared N216 billion Profit After Tax and remitted N10.073 trillion from January to August to the federation account.
On strategic efforts, the company said it had sustained industry wide collaboration and driven production recovery initiatives.
It said production levels during the period were temporarily moderated due to planned maintenance activities including those at the Nigeria Liquefied Natural Gas (NLNG).
This, it said, was alongside the phased recovery of previously shut-in assets and delays in the commencement of operations at OMLs 71 and 72.
Meanwhile, credible industry sources said that NNPC Limited had embarked on a series of scheduled maintenance activities across key upstream assets, including facilities linked to the NLNG network.
These planned interventions, which also coincided with the phased recovery of previously shut-in fields and the onboarding of new assets, were part of a broader strategy to optimise output and enhance infrastructure reliability.
An upstream expert, Dr. Cletus Zanders had in the meantime linked the shortfall in crude oil and condensate production to the upstream assets maintenance.
Zanders said recent production levels reflected a temporary moderation, adding that the development was a necessary recalibration to ensure stronger performance in the fourth quarter (Q4) and beyond.
“You don’t build resilience by pushing volume only, you build it by maintaining integrity of your assets,” he said.
An industry official who pledged anonymity, said stakeholders expect a rebound in crude and gas volumes as systems gradually come back online with most of the maintenance nearing completion.
“Rather than a setback, this phase marks a strategic reset that positions Nigeria’s energy sector for more consistent and secure output in the months ahead,” he said. (NA
