NNPC Ltd. records N502bn PAT for November, 2025

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has reported a Profit After Tax (PAT) of N502 billion in November 2025.

The NNPC Limited made this known in its Monthly Report Summary for November, 2025, released on Wednesday.

The report also highlighted key figures, including crude oil and condensate production, natural gas output, revenue, strategic initiatives during the period, and more.

The report showed that the NNPC Ltd generated a total sum of N4,358 billion within the same period reported.

It also revealed that Crude Oil and Condensate Production was 1.60 million barrels per day (mbopd), while Natural Gas Production was 6,968 mscf/d in November 2025.

The report put NNPC’s statutory payments between January and August 2025 at N12.117 billion, while disclosing 61 per cent Premium Motor Spirit (PMS) availability in its retail filling stations across the country.

It said that November production performance was largely due to planned maintenance activities across key assets nearing completion, with production recovery expected at the end of December 2025 and continued delays with WAEP first oil.

It listed the key assets as Esso-Erha, Stardeep-Agbami and Renaissance-Estuary Area.

It announced that it has completed the 2025 scheduled facilities Turn Around Maintenance (TAM), and production initiatives from JV, PSC, and NEPL assets in readiness for delivering the 2026 production plan.

The report put the overall completion of Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline project at 90 per cent, disclosing that sustained focus is being directed towards completion of the mainline welding works and pressure-testing.

According to the report, the project is to be completed in 2026.

The report also put the completion of the Obiafu-Obrikom-Oben (OB3) Gas Pipeline project (River Niger Crossing) at 96 per cent, revealing that all required equipment, materials and personnel have been mobilised to site.