By Emmanuella Anokam The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) on Thursday presented Nigeria’s first Gas Trading Licence and Clearing House and Settlement Authorisation to JEX Markets Limited, in line with the Petroleum Industry Act (PIA). The official presentation was done in Abuja by Dr Ekperikpe Ekpo, MinisterContinue Reading
Duty By Emmanuella Anokam The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says the proposed implementation of the 15 per cent of valorem import duty on imported Premium Motor Spirit (PMS) and Diesel is no longer in view. The NMDPRA disclosed in a statement posted on its X handleContinue Reading
By Yunus Yusuf The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has called on investors in the oil and gas industry to diversify operations and expand beyond the South-South and South-West regions of the country. The Authority said the northern region, with its vast population and growing demand forContinue Reading
By Emmanuella Anokam Alfa Designs Nigeria Limited, a leading oil and gas company, says it has secured approval to begin conversion of diesel-powered engines to Compressed Natural Gas (CNG) in the country. The company said the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) had done the Proof ofContinue Reading
By Emmanuella Anokam The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has banned 60,000 litres petroleum tankers from operating on Nigerian roads, effective March 1, to mitigate truck-in-transit incidents. Mr Ahmed Farouk, Authority Chief Executive, NMDPRA, announced the ban on Wednesday in Abuja, while briefing newsmen shortly after itsContinue Reading
By Emmanuella Anokam The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it will review its operating procedures to encourage safety awareness, following Saturday’s tanker explosion in Niger. Mr Farouk Ahmed, Chief Executive, NMDPRA, said this on Sunday when he visited the site of the petrol tanker explosion. HeContinue Reading
By Emmanuella Anokam The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), says regulations administered by the defunct Department of Petroleum Resources (DPR) in respect of midstream and downstream petroleum operations are revoked in its proposed 2024 regulations. It also revoked all regulations published in the Federal Gazette that haveContinue Reading
