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NNPCL pays N7.965trn statutory payments January to June

NNPCL pays N7.965trn statutory payments January to June

NNPC pays N7.965 trillion as statutory payments from January to June, 2025.

It also said that it generated N4.406 trillion as revenue in July.

It added that crude oil & condensate production was 1.70million barrels per day, natural gas production, 7,7722mmmscf/d. 70% fuel availability, OB3, 96%, AKJ, 83% and upstream. Pipeline Availability 100%.

These were contained in NNPC Limited Monthly Report Summary for July 2025 released on Thursday.

It said: “NNPC Foundation coordinated the donation of 35 CNG Buses to Presidential Initiative on CNG (Pi-CNG), in conjunction with the offices of EVP Downstream and EVP, Business Services.

“As part of our commitment to environmental sustainability and climate change mitigation, planting of 200,000 trees has commenced in Katsina State. The official flag off is scheduled for August 2025.

“Sustain crude oil and condensate production, improve uptime of production facilities, continue stakeholders’ collaboration and operational efficiency.

“Ajaokuta- Kaduna- Kano (AKK) Gas Pipeline: Additional subcontractors deployed to expedite completion of mainline works and fast track project completion.”

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