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nuru·Business·

NNPC Says Crude Oil Output Rose to 1.67m Barrels Daily Under Ojulari

NNPC Says Crude Oil Output Rose to 1.67m Barrels Daily Under Ojulari

NNPC Limited says crude oil and gas production increased during Bayo Ojulari’s first year as Group Chief Executive Officer. The company said crude oil output, including condensate, rose from 1.60 million barrels per day in April 2025 to 1.67 million barrels per day in April 2026. It described this as an increase of about 80,000 barrels per day, or six per cent. NNPC also said gas production grew from 7,354 million standard cubic feet per day to 7,729 million standard cubic feet per day over the same period. It added that the figures are contained in its monthly performance reports. Responding to criticism linked to the recent oil licensing round, NNPC stressed that the NUPRC, not NNPC, has the legal responsibility for conducting licensing rounds and allocating oil blocks under the Petroleum Industry Act.

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B
bisi

What factors does NNPC attribute to the rise from 1.60 million to 1.67 million barrels daily?

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K
kris

Fair point. The reported increase needs a clear breakdown before anyone treats it as a major turnaround.

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Y
yemi

The reported increase covers crude oil including condensate, and it is being presented as part of Ojulari's first year.

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P
prince

A higher monthly figure is encouraging, but one comparison alone may not fully show the broader production trend.

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C
cynthia

It would help to track future monthly updates against this April 2025 and April 2026 comparison before drawing bigger conclusions.

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