The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has countered it’s sister regulator, the Nigerian Midstream and Downstream Petroleum Regulatory
“Consequently, Exxonmobil applied and obtained necessary clearance from NUPRC for the lifting of 12,600 metric tonnes of Butane aboard a vessel named Barumk Gas on May 26, 2023. Barumk Gas berthed at the loading jetty at BRT on June 7, 2023.
The NUPRC chief executive recalled that the 9th Senate had set up an ad hoc committee to investigate oil lifting, theft and the impact on petroleum production and revenues on the heels of the growing spate of crude oil theft in the upstream petroleum sector. “In line with section 7 of the Petroleum Industry Act, 2021, the Senate resolved that the Nigerian Upstream Petroleum Regulatory Commission should assume full regulatory oversight of all existing crude oil export terminals. The resolution was sent to the President of the Federal Republic of Nigeria, Minister of State, Petroleum Resources, NUPRC, NMDPRA and all relevant stakeholders in the oil and gas industry in Nigeria.
“Subsequently, the former President, Muhammadu Buhari, approved the Senate resolution and explicitly directed immediate compliance with the resolution, insisting that NUPRC is the sole and only regulatory entity to regulate and monitor activities of all existing crude oil export terminals in Nigeria, in line with the relevant section of the PIA, 2021. The directive was sent to all relevant MDAs and stakeholders for compliance.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NUPRC Tackles NMDPRA Over ExxonMobil Butane Lifting At Bonny TerminalThe Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has countered its sister regulator, the Nigerian Midstream and Downstream Petroleum Regulatory
Read more »
NMDPRA Grants Crude Export Terminal Licences To NNPCL, BelemaNNPCL Exploration and Production Ltd. and Belema Sweet Export Terminal Ltd have been granted licences by the Nigerian Midstream and Downstream Petroleum
Read more »
NMDPRA issues oil export terminal licences to NNPC, Belema Oil | TheCableThe Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has issued and signed licences for the establishment of two crude oil export terminals.
Read more »
NUPRC: Nigeria’s oil output rose by 18% to 1.18m bpd in May | TheCableNigeria’s oil production increased to 1,183,691 barrels per day (bpd) in May 2023.
Read more »
ExxonMobil butane lifting at Bonny terminal approved by NUPRC - Official'It is important to state that ExxonMobil formally applied to NUPRC for approval of its operations as an integrated operation...,' an official said.
Read more »
Nigeria grants licences for new oil export terminalsThey are the first set of licences to establish crude oil terminals, sealed and granted by the NMDPRA.
Read more »