adplus-dvertising
Business News

Nigeria’s Total Oil Production Falls 2.4% to 1.61mb/d in September 2025

libya oil production

Nigeria’s total oil production fell by 2.42 per cent to 1.61 million barrels per day of crude and condensate production in September, from 1.65 million barrels per day recorded in August.

This was disclosed by the Nigerian National Petroleum Company (NNPC) Limited in its Monthly Financial and Operations Report for September 2025, released on Tuesday, where it noted that output had fluctuated between 1.57 million barrels per day and 1.70 million barrels per day from January to September, reflecting the lingering impact of pipeline disruptions, crude theft, and deferred production linked to scheduled and unscheduled maintenance.

There was a 9.6 per cent slide in natural gas production as it recorded 6,284 million standard cubic feet per day in September, against 6,949 million standard cubic feet per day recorded in August.

The report also revealed that the national oil company recorded N4.3 trillion revenue, declared N216 billion Profit After Tax (PAT) and remitted N10.073 trillion from January to August to the federation account.

On strategic efforts, the company said it had sustained industry wide collaboration and driven production recovery initiatives.

It said production levels during the period were temporarily moderated due to planned maintenance activities including those at the Nigeria Liquefied Natural Gas (NLNG).

This, it said, was alongside the phased recovery of previously shut-in assets and delays in the commencement of operations at OMLs 71 and 72.

The state oil company put the completion rate of the AKK stood at 88 per cent with sustained focus being directed towardscompletion of the mainline works with substantial progress being recorded.

For the Obiafu-Obrikom-Oben (OB3) gas pipeline, this stood at 96 per cent in the review month with implementation of revised execution strategy underway to ensure delivery within target timelines. Already, 113km portion of OB3 Gas Pipeline has been commissioned and flowing circa 300 million standard cubic feet per day of gas from the following gas producers: AHL  with 250 million standard cubic feet per day and Platform, Chorus & Xenergi – 50 million standard cubic feet per day.