NUPRC Moves to End Inaccurate Accounting for Nigeria’s Oil, Gas Production Emmanuel Addeh in Abuja The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has ended a two-day workshop in Abuja on production determinati
The Nigerian Upstream Petroleum Regulatory Commission has ended a two-day workshop in Abuja on production determination, accounting and reconciliation for crude oil, natural gas as well as condensates.
The Deputy Director, Development and Production, Mr. Enorense Amadasu, stood in for the commissioner, who represented the chief executive. The NUPRC boss explained that the focus of the agency included business continuity and low cost of production, accurate measurement and timely payment of royalty, uninterrupted supply of crude oil and gas as well as safety of the environment.
In his remarks, the Deputy Manager, Crude Oil Accounting, Crude Oil Terminal Operation, Abdulrahman Idris, explained that the upstream sector as defined by Section 318 of the PIA 2021 covers exploration, production and operations of crude oil and natural gas. He added that the PIA 2021 also mandates the NUPRC to ensure end-to-end production accounting and certification from well head to terminal and allocates petroleum production quotas locally in conjunction with other relevant agencies of government.
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