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Home »  Nigeria’s Gas Output Rises Slightly in June as NNPCL Records N4.57trn Revenue

 Nigeria’s Gas Output Rises Slightly in June as NNPCL Records N4.57trn Revenue

by Joshua
July 28, 2025
in Oil and Gas

Nigeria’s gas production rose slightly in June 2025, reaching 7.581 billion standard cubic feet per day (bscf/d), up from 7.352 billion bscf/d recorded in May, according to the latest performance report by the Nigerian National Petroleum Company Limited (NNPCL).

Despite the uptick in gas output, crude oil and condensate sales fell to 21.68 million barrels in June, a drop from the 24.77 million barrels sold in May. However, the report noted significant improvements in the downstream sector, particularly in fuel supply, with product availability at NNPC Retail Limited stations increasing to 71 percent in June, up from 62 percent the previous month.

Gas sales also experienced a modest rise, growing from 4.698 billion standard cubic feet per day (mmscfd) in May to 4.742 billion mmscfd in June.

“Ongoing industry-wide collaborations are increasingly improving synergies to achieve production improvement and cost optimisation,” the NNPCL stated.

The report highlighted the completion of the Ajaokuta–Kaduna–Kano (AKK) pipeline River Niger crossing, a key milestone in de-risking the completion of the mainline. NNPCL added that additional interventions were underway to ensure the earliest possible completion of the AKK project.

It further disclosed that technical reviews of the OB3 pipeline’s River Niger crossing had commenced, aiming to replicate the success recorded on the AKK crossing. The company also reported that reviews were progressing for the Port Harcourt Refining Company (PHRC), Warri Refining and Petrochemical Company (WRPC), and Kaduna Refining and Petrochemical Company (KRPC).

In terms of financial performance, NNPCL reported total revenue of N4.571 trillion in June 2025, continuing an upward earnings trajectory driven by increases in crude oil and gas production. The company also declared a profit after tax of N905 billion for the month.

Cumulative statutory payments to the Federation from January to May 2025 stood at N6.961 trillion, reinforcing the company’s significant role in national revenue generation.

On the social impact front, the NNPC Foundation announced that it reached 67,544 members of the National Youth Service Corps (NYSC) in June through its Financial Literacy Programme, bringing the total number of trained corps members to 870,383 nationwide.

A look back at May 2025 data showed that Nigeria’s gas production had dipped slightly to 7.352 billion bscf/d, down from 7.354 billion the previous month. Gas sales also declined marginally from 4.240 billion mmscfd in April to 4.185 billion mmscfd in May.

During the same month, NNPCL reported revenue of N6.008 trillion, reflecting a slight increase from N5.972 trillion in April. The report also noted a modest improvement in crude oil and condensate production.

Turnaround maintenance works completed in May included the Trans Escravos pipeline, the Opuama flow station, the Obigbo, and the Agbada flow stations, as part of efforts to sustain infrastructure performance across the upstream sector.


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