NUPRC Signs Seven Oil Regulations To Boost Crude Oil Production

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has signed seven oil regulations. This is part of the efforts of the Federal Government to boost metering of crude oil operations in the upstream sector of the petroleum industry. The new regulations signed by the agency are Nigeria Upstream Petroleum Measurement Regulations; Frontier Basins Exploration Fund Administration Regulations; Production Curtailment and Domestic Crude Oil Supply Obligation Regulations; Nigeria Upstream Decommissioning and Abandonment Regulations; Nigeria Upstream Petroleum Unitisation Regulations; Gas Flaring, Venting and Methane Emission (Prevention of Waste and Pollution) Regulations and Significant…

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