The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has countered its 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.
He said that following the conclusion of its investigation and presentation of its findings on the floor of the Senate on the November 7, 2022, the Committee of the Whole passed far-reaching resolutions amongst which was the need for streamlining operations of MDAs at the crude oil export terminals in Nigeria.
“The President sought the opinion of the then Attorney General and Minister of Justice, who after a review concurred with the Senate resolution and reaffirmed that the said resolution is in line with the letter and spirit of the PIA, 2021 which seeks to promote ease of doing business and investments and enhance transparency of hydrocarbon accounting.
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