NNPCL signed a $20 billion Gas Sale and Purchase Agreement, covering 1.29 billion standard cubic feet per day. Oil production reached 1.7 million barrels per day, the highest in five years, driven by reforms and new projects.
NNPC Limited has reduced operational costs by $3.4 billion through aggressive contract restructuring and optimization programs. The company reported a 6% increase in crude oil production, reaching 569.7 million barrels, and a 21.8% increase in government revenue during the review
NNPC seeks to strengthen energy partnerships and has unveiled its one-year performance scorecard, highlighting a crude oil production increase to 1.71 million barrels per day and a commitment to strategic collaborations to enhance Nigeria's energy sector.
