Nigerian National Petroleum Company Limited (NNPC) is Nigeria’s state-owned, integrated energy company. Headquartered in Abuja, it oversees exploration and production of crude oil and natural gas onshore and offshore, largely through joint ventures and production-sharing contracts with international partners. The company transitioned from the former Nigerian National Petroleum Corporation to a Companies and Allied Matters Act entity under the Petroleum Industry Act, with a commercial mandate and government ownership.
NNPC manages key elements of Nigeria’s midstream and downstream infrastructure, including crude and gas gathering, processing, pipelines and storage depots, as well as domestic supply and trading of refined products. It is involved in rehabilitation of the Port Harcourt, Warri and Kaduna refineries, and supports gas commercialization via subsidiaries such as the Nigerian Gas Company and equity participation in Nigeria LNG. The company is a major supplier of feedstocks such as natural gas, condensates and LPG to power, industrial and petrochemical users, linking upstream resources to Nigeria’s refining and chemicals value chain.
Also known as NNPC and Nigerian National Petroleum Corporation.
Construction began in Aoulef for the Algerian pipeline segment, routed alongside the Trans‑Saharan Road to Hassi R’Mel and tied into Algeria’s national gas network and export infrastructure.
Deal backs new plants, expansions and upgrades across Africa to raise capacity toward an 80 MTPA 2030 target, secure gas supply, improve efficiency, cut emissions and create jobs.
The refinery sustains 50m litres daily, supports economic stability, plans expansion, and exports Euro 5 fuels. Local refining reduces import reliance and stabilizes prices.
TotalEnergies sells its 10% interest in Renaissance JV's oil and gas licenses in Nigeria to Vaaris, retaining economic interest in key gas licenses. Closing awaits regulatory approval.
Shell boosts its stake in Nigeria's OML 118 PSC to 65%, aligning with its strategy to enhance Upstream portfolio and sustain liquids production growth.
