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Home Economy

Nigeria’s Gas Output Rises to 7.58 Billion SCF/D in June 2025, NNPCL Reports

Victoria Attah by Victoria Attah
July 22, 2025
in Economy
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Oil Prices Reach $90 Following Supply Reduction by Saudi Arabia and Russia.
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Nigeria’s gas production increased to 7.581 billion standard cubic feet per day (bscf/d) in June 2025, up from 7.352 bscf/d in May, according to the Nigerian National Petroleum Company Limited (NNPCL). The company’s latest performance report also noted a rise in gas sales, reaching 4.742 billion mmscfd in June from 4.698 billion mmscfd in May.

Despite a decline in crude oil and condensate sales to 21.68 million barrels in June from 24.77 million in May, the downstream sector showed improvement, with fuel availability at NNPC Retail Limited stations rising to 71% from 62%. The NNPCL highlighted ongoing industry collaborations aimed at enhancing production and reducing costs.

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The report detailed progress on infrastructure projects, including the completion of the AKK River Niger Crossing, which has reduced risks for the mainline’s completion. The NNPCL is also reviewing the OB3 River Niger crossing to apply lessons from the AKK success, while assessments of the Port Harcourt, Warri, and Kaduna refineries continue.

Financially, the NNPCL reported a robust N4.571 trillion in revenue for June 2025, with a profit after tax of N905 billion. From January to May, the company contributed N6.961 trillion in statutory payments to the Federation, underscoring its vital role in Nigeria’s revenue stream.

On the social front, the NNPC Foundation’s Financial Literacy Programme reached 67,544 NYSC corps members in June, bringing the total trained to 870,383 nationwide. This initiative reflects the company’s commitment to community development alongside its operational achievements.

The June figures mark a recovery from May, when gas production slightly declined to 7.352 bscf/d from 7.354 bscf/d in April, and gas sales fell to 4.185 billion mmscfd from 4.240 billion mmscfd. May’s revenue, however, was strong at N6.008 trillion, up from N5.972 trillion in April. The NNPCL’s efforts to boost production and streamline operations signal a positive outlook for Nigeria’s energy sector.

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