4 months ago
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The Nigerian government has announced plans to review its Domestic Crude Supply Obligation Regulations 2023 amid the supply crisis to Dangote Refinery and other local refineries.
The Nigerian Upstream Petroleum Regulatory Commission disclosed this in a notice signed by the Chief Executive of the NUPRC, Gbenga Komolafe, on Thursday.
According to the NUPRC, the National Data Repository Regulations will also be reviewed.
In the notice, the commission said it wanted to consult with stakeholders for broader input into the process.
“In line with Section 216 (1) of the PIA 2021, which requires the commission to consult with stakeholders before finalizing 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”.
This comes as the President of the Dangote Group in a statement on Thursday accused NUPRC of reluctance to enforce Domestic Supply Obligations by International Oil Companies.
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