NNPC Limited has posted a strong operational performance for the period spanning April 2025 to April 2026, with crude oil production rising to 1.71 million barrels per day and gas supply hitting 7.5 billion standard cubic feet per day, according to its latest one-year mandate report summary.
The figures represent a significant rebound in Nigeria’s energy sector, with the oil output marking the highest level recorded in five years. The report also highlights a peak production of 365,000 barrels per day by its upstream subsidiary, the Nigerian Exploration and Production Limited, in December 2025—an all-time high for the company.
The improved output comes alongside structural reforms in upstream operations, including the successful execution of production-sharing contracts for PPL 2000 and 2001. The agreements are designed to unlock deepwater, non-associated gas resources and strengthen long-term production capacity. The company also confirmed progress in resolving the long-standing OPL 245 dispute, which has now been converted into new petroleum mining leases and production licences, a move expected to enhance investor confidence.
In the gas sector, the report underscores a coordinated push to expand infrastructure and boost domestic supply. Key milestones include the completion of the Ajaokuta-Kaduna-Kano pipeline river crossing and the commissioning of the Assa North–Ohaji South gas processing plant, alongside the Obiafu–Obrikom–Oben pipeline connection. These projects have contributed to the rise in gas supply to 7.5bscf/d, reinforcing Nigeria’s ambition to deepen gas utilisation and industrial growth.
NNPC also disclosed that it executed major supply agreements with industrial players, including partnerships involving Dangote Cement and the Dangote Refinery, while advancing pipeline optimisation projects to improve distribution efficiency. The launch of its Gas Master Plan in January 2026 further signals a long-term strategy to consolidate Nigeria’s position as a regional gas powerhouse.
On the downstream front, the company is restructuring refinery operations through the adoption of an Incorporated Joint Venture model, aimed at enabling facilities to operate as self-financing and commercially viable entities. It also reaffirmed its 7.25 percent equity stake in the Dangote Refinery, describing the investment as critical to protecting national energy interests.
