The Nigerian National Petroleum Company Limited (NNPCL) has disclosed that it remitted N7.913 trillion to the Federation Account between January and July 2026.
The oil company made this known in its Monthly Report Summary for July 2026, which showed that N1.627 trillion of the total amount was remitted in July alone.
NNPC attributed the July decline to operational disruptions across several assets.
“July crude oil production was affected by a combination of operational disruptions across several assets, including facility outages, equipment unavailability, pipeline incidents, and production constraints,” the company stated.
The decline in output also reflected lower crude oil and condensate sales, which stood at 22.53 million barrels in July, comprising 21.53 million barrels of crude and one million barrels of condensate, compared with 28.23 million barrels in June.
“Production improvement efforts will focus on sustaining high facility uptime through effective preventive maintenance programmes and minimizing unplanned downtime,” NNPC stated.
It said the measures would include optimising export operations at FEPL and Nembe EP, developing incremental production opportunities and strengthening operational reliability across key facilities.
“Additional measures include the activation of tandem offloading operations at Akpo and Erha to enhance export flexibility and the restoration of barging operations at Obodo to improve production evacuation and sustain output,” the company added.
On gas infrastructure, NNPC reported 100 per cent availability of its upstream pipeline network.
It also said pre-commissioning activities had been completed on the River Niger Crossing section of the Obiafu-Obrikom-Oben gas pipeline, with first gas initially targeted for August 2026.
For the Ajaokuta-Kaduna-Kano gas pipeline, NNPC said construction and installation works were at an advanced stage to facilitate early gas delivery to Abuja in 2026.
The company put AKK pipeline availability at 95 per cent, while NNPC Retail’s petrol stations recorded 52 per cent availability, with distribution varying across regions.
NNPC also disclosed that natural gas production stood at 7.49 billion standard cubic feet per day, while gas sales were 4.6bscf/d.
The company cautioned that the reported figures remained subject to reconciliation.
“All production, sales and financial figures are provisional and subject to reconciliation with relevant stakeholders,” it stated.