The Independent Petroleum Marketers Association of Nigeria, lPMAN, has blamed the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, for the over 600 per cent increase in the cost of petroleum products across the country between 2020 and 2023. Alhaji…
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says the NMDPRA Industry Sustainability Initiative (NISI) will create over 575 billion dollars in capital investment opportunities for Nigeria, through decarbonisation of operations. The NMDPRA, while hosting a session on “Nigeria’s…
Oil marketers have raised alarm over the lightness of Premium Motor Spirit (PMS) otherwise known as petrol in some filling stations, noting that the products are inferior to the quality the Nigerian Midstream and Upstream Regulatory Authority (NMDPRA) approved. While…
The Nigerian Midstream Downstream Petroleum Regulatory Authority (NMDPRA) has signed two new agreements with Femadec Energy and Novatec on compressed natural gas (CNG) and liquefied petroleum gas (LPG). This is according to a September 19 announcement made on the Authority’s…
The consumption of Petrol by Nigerians in July 2023 suffered a decline of 16.8 per cent. This is according to the data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). Petrol consumption in the country dropped by 16.8 per…
According to the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Nigeria’s gas reserves grew to 209.5 trillion cubic (tcf) in 2022 which ranks as the ninth largest in the world, but harnesses only about 8 billion standard cubic feet…
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has issued four new regulations that would amongst other things guide the operations of the midstream and downstream environmental remediation fund. NMDPRA in a statement signed by its General Manager, Corporate…
The Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, has revealed that three oil companies have commenced importation of fuel into Nigeria. Farouk said this at a crucial meeting of stakeholders in Lagos.…
By Ibiyemi Mathew Following the ambiguity in the Petroleum Industry Act (PIA) to clearly spell out the roles of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) without conflicting, both agencies have been in…
Available data has shown that average daily petrol consumption in Nigeria has fallen by 28 per cent since President Bola Tinubu scrapped subsidy on the fuel at the end of May. Average daily petrol consumption fell to 48.43 million litres…
