NNPC reports July decline in oil and gas output as disruptions affect operations

Nigeria’s oil and gas output fell in July as operational disruptions, equipment shortages and pipeline incidents affected several NNPC assets. The state oil company reported crude and condensate production of 1.68 million barrels per day, down from 1.72 million in June.

Crude oil production declined to 1.44 million barrels per day from 1.47 million, while condensate output fell to 0.24 million barrels per day from 0.25 million. NNPC attributed the changes to facility outages, equipment unavailability, pipeline incidents and other production constraints.

Natural gas production also dropped, from 7,841 million standard cubic feet per day in June to 7,489 million in July. Gas sales fell about 7.8%, to 4,581 million standard cubic feet per day from 4,970 million.

The company reported July revenue of 3.087 trillion naira and profit after tax of 279 billion naira, compared with 4.389 trillion naira in revenue and 535 billion naira in profit in June. Statutory payments from January through July totaled 7.913 trillion naira.

NNPC said the Obiafu-Obrikom-Oben gas pipeline recorded full availability, while the Ajaokuta-Kaduna-Kano pipeline reached 95%. Construction and installation work on the latter had reached an advanced stage, with early gas delivery to Abuja expected in 2026. Pre-commissioning work at the Niger River Crossing on the OB3 pipeline was complete, with first gas expected in August 2026. NNPC said its production strategy would focus on maintenance, reducing unplanned downtime and increasing output.

“

July crude oil production was affected by a combination of operational disruptions across several assets, including facility outages, equipment unavailability, pipeline incidents, and production constraints.