Nigeria’s crude oil production rose to its highest level in five years, reaching 1.71 million barrels per day between April 2025 and April 2026, according to the Nigerian National Petroleum Company Limited.
The figure was contained in the company’s One Year Mandate Report Summary, which was shared on X by Group Chief Executive Officer, Bayo Ojulari.
NNPC also said its upstream subsidiary, NNPC Exploration and Production Limited, recorded a historic peak production level of 565,000 barrels per day in December 2025.
On gas infrastructure, the company announced completion of the River Niger crossing section of the Ajaokuta-Kaduna-Kano pipeline, with full line welding concluded in July 2025.
It added that the Assa North-Ohaji South gas processing plant and the Obiafu-Obrikom-Oben pipeline connection have been commissioned.
According to the report, gas supply was maintained at 7.5 billion standard cubic feet per day in 2025, while new supply agreements were signed with Dangote Cement, Dangote Refinery and CNG Ibese.
NNPC said it launched its Gas Master Plan in January 2026 and entered a tripartite memorandum of understanding with China Gas Holding Ltd and Peiyang Chemical Singapore to support the development of Nigeria’s gas resources.
The company also disclosed that it consolidated a 7.25 per cent equity stake in the Dangote refinery, describing the move as necessary to protect national interest.
It further adopted an incorporated joint venture structure for its refineries, allowing each facility to finance itself and operate independently.
In maritime operations, NNPC said it formed shipping partnerships with Stena Bulk and Sonangol, exported a new crude grade known as Cawthorne, and expanded its Oleum lubricant brand across West Africa.
The report also highlighted internal reforms, including the recruitment of 1,000 new staff members, the launch of a new performance management system and the introduction of a women in NNPC programme aimed at promoting inclusion.
NNPC said it restored monthly performance reporting, held its first earnings call in November 2025 and resumed regular remittances to the federation account from July 2025.
According to the report, the company also secured presidential approval for incentives to support the final investment decision on the Bonga South-West Aparo project.
It added that a model production sharing contract was executed for PPL 2000 and 2001, becoming the first agreement to include comprehensive terms for developing deepwater non-associated gas resources.
NNPC further stated that the long-running OPL 245 dispute had been resolved, leading to the conversion of the block into a new production-sharing contract covering PMLs 102 and 103 and PPLs 2011 and 2012.
