The Nigerian National Petroleum Company (NNPCL) has recorded a N4.26 trillion revenue and N216 billion profit after tax in September 2025.
It however produced 1.61 million barrels per day of crude oil and condensate in the period under review.
This was contained in the monthly report the state -owned oil firm released yesterday.
The output record, which was an indication of a marginal decline from the 1.64mb/d output of August 2025, according to experts, was due to upstream assets maintenance in September.
In the period under review, NNPCL produced 5,284 million metric standard cubic feet of gas.
NNPC said its retail outlets in the downstream recorded 77 per cent availability of the Premium Motor Spirit (PMS).
The report noted that the company made N10.07 trillion statutory payments from January to August.
NNPCL said its Obiafu-Obrikom-Oben (OB3) and Ajaokuta Kaduna Kano (AKK) pipeline projects were at 96 per cent and 88 per cent completion stages respectively.
NNPCL said it has sustained industry wide collaboration and driven production recovery initiatives.
On AKK, the report said a sustained focus is being directed towards completion of the mainline works with substantial progress being recorded.
According to the report, “there was 96 per cent upstream availability in the month under review.”
On OB3, NNPCL said, revealed that “OB3 (River Niger Crossing): Implementation of revised execution strategy underway to ensure delivery within target timelines. 113km portion of OB3 Gas Pipeline has been commissioned and is flowing circa 300mmscf/d of gas from the gas producers.”
