NNPC, Nigeria

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The Nigerian National Petroleum Corporation (NNPC) is the state oil corporation which was established on April 1, 1977. In addition to its exploration activities, the Corporation was given powers and operational interests in refining, petrochemicals and products transportation as well as marketing. Between 1978 and 1989, NNPC constructed refineries in Warri, Kaduna and Port Harcourt and took over the 35,000-barrel Shell Refinery established in Port Harcourt in 1965.

Quick Facts

Oil & Gas

Primary Mineral

Undisclosed

Estimated Reserves

Undisclosed

Tax Benefits

Undisclosed

Active resource businesses

n 1988, the NNPC was commercialised into Strategic Business Units, covering the entire spectrum of oil industry operations: exploration and production, gas development, refining, distribution, petrochemicals, engineering, and commercial investments.

In 2016,​ following the repositioning efforts of the Corporation to become a global energy company, the PPMC and NGC were restructured to give birth to new commercial entities

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