Regulatory Oversight Of Crude Oil Terminals News Today : Breaking News, Live Updates & Top Stories | Vimarsana

 The Senate in one of the resolutions in the report of its Ad Hoc Committee on the Investigation of oil lifting, theft and impact on petroleum production and oil revenues passed in November 2022, specifically indicated that the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is the sole and only regulatory entity to regulate and monitor the activities of all existing crude oil export terminals in Nigeria. The resolution was taken in conformity with Section 7ee of the Petroleum Industry Act (PIA) 2021. ....

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