NUPRC to amend domestic crude supply regulations

 

In a move aimed at enhancing the efficiency and sustainability of Nigeria’s energy sector, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is set to amend the domestic crude supply regulations 2023.

The commission disclosed this in a notice signed by the Chief Executive of the NUPRC, Gbenga Komolafe, on Thursday.

According Punch, NUPRC, the National Data Repository Regulations will also be reviewed.

In the notice, the commission said it wanted to consult with stakeholders for their input.

“In line with Section 216 (1) of the PIA 2021, which requires the commission to consult with stakeholders before finalising regulations or amendments to regulations, the Nigerian Upstream Petroleum Regulatory Commission hereby invites inputs from lessees, licensees, permit holders, host communities and other stakeholders of the Nigerian Upstream Petroleum sector, within 21 days from the date of this publication.

“The matters to which this stakeholder’s inputs and consultations relate are National Data Repository Regulations; Amendment to the Production Curtailment and Domestic Crude Oil Supply Obligations Regulations 2023,” the notice read partly.

“Accordingly, submissions of inputs to the regulations are requested as part of the process of stakeholder’s consultation before finalisation of the regulations, to give meaning to the intent of the PIA 2021,” the NUPRC announced.

It directed that all submissions must be made using the format accessible through a link on its site and must be received no later than 21 days from the date of the publication of this notice.

“Kindly forward your submissions to the Head Regulations and Statutory Compliance Unit of NUPRC, Kingston Chikwendu, at regeon@nuprc.gov.ng,” the statement concluded.

domestic crude supplyNUPRC
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