The Nigerian National Petroleum Company Limited (NNPC Ltd.) has reported a Profit After Tax (PAT) of N502 billion in November 2025.
This was contained in the Monthly Report Summary for November, 2025, released by the national oil company on Wednesday.
TheFact Daily notes that the report also highlighted key figures, including crude oil and condensate production, natural gas output, revenue, strategic initiatives during the period, and more.
According to the report, NNPC Ltd generated a total sum of N4,358 billion within the same period reported.
It also revealed that Crude Oil & Condensate Production was 1.60mbopd, while Natural Gas Production was 6,968 mscf/d in November 2025.
The report puts the Company’s statutory payments between January and October 2025 at N12,117 billion, while disclosing 61% Premium Motor Spirit (PMS) availability in its retail filling stations across the country.
NNPC explained that November production performance was largely due to planned maintenance activities across key assets (Esso-Erha, Stardeep-Agbami, and Renaissance-Estuary Area) nearing completion, with production recovery expected at the end of December 2025 and continued delays with WAEP first oil.
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 national oil company said it is Intensifying collaboration with its partners through year-end and into 2026 to ensure improved production performance, maximise infrastructure uptime, and maintain high facility maintenance standards across all its assets.
The report puts the overall completion of Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline project at 90%, disclosing that sustained focus is being directed towards completion of the mainline welding works and pressure-testing. It added that the project is on course to be completed in 2026.
NNPC also puts the completion of the Obiafu-Obrikom-Oben (OB3) Gas Pipeline project (River Niger Crossing) at 96%, revealing that all required equipment, materials and personnel have been mobilized to site; geotechnical data acquisition completed and early construction works ongoing in preparation for commencement of drilling.
The company puts the upstream pipeline availability at 100%.
