NUPRC to amend domestic crude oil supply regulations

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it will amend the Domestic Crude Supply Obligations Regulations 2023.

Gbenga Komolafe, chief executive officer (CEO) of NUPRC, in a notice on Thursday, said the national data repository regulations would also be reviewed.

Ahead of the amendment, the commission called for the input of stakeholders on the regulations. 

“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 notice reads.

“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.

“Stakeholders are kindly enjoined to download and review the proposed regulations at https://www.nuprc.gov.ng/regulations- development-pia-2021/.” 

Accordingly, NUPRC said submissions of inputs to the regulations are requested as part of the process of stakeholder consultation before the finalisation of the regulations. 

The commission said this is to give meaning to the intent of the Petroleum Industry Act 2021.

“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,” NUPRC said.

“Kindly forward your submissions to the Head Regulations and Statutory Compliance Unit of NUPRC, Kingston Chikwendu, at [email protected].”

The NUPRC, on April 15, issued new rules requiring oil producers to sell crude to domestic refineries before attending to foreign demands.