Nigerian National Petroleum Corporation Limited NNPC Ltd. has released its Monthly Report Summary for March 2026, with records of month-on-month growth across key production metrics.
The reports recorded a crude oil and condensate output rising to 1.56 mmbopd and gas production climbing to 7,731 mmscf/d, representing increases of approximately 3.31% and 3.66%, respectively, compared with the February 2026 report. Gas production for the month reached its highest level in the trailing 12-month period covered by the report.
Further in its report, NNPC Ltd also highlighted key milestones achieved by the corporation in the period under review, including the early completion of the OML 118 Bonga Turnaround Maintenance, delivered 12 days ahead of schedule, as well as the completed welding of the 24″ spur line to the Gwagwalada Independent Power Plant.
On the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline project, the company expressed the timing and successful milestone achieved with drilling operations on the Obiafu-Obrikom-Oben (OB3) Gas Pipeline River Niger Crossing, which continues as scheduled.
The report covers key figures, including revenue of NGN2,774 Billion (up by 3.51% from the February 2026 report), profit after tax of NGN276 Billion (up by approximately 102.94% from the February 2026 report), cumulative statutory payments of NGN2,888 Billion for January to March, strategic initiatives during the period, and more.
