Bunmi AdulojuThe Nigerian Midstream and Downstream Petroleum Regulatory Authority says it has started reviewing the midstream and downstream petroleum regulations to accelerate investments in the sector.
Sylva said the regulations under review include; the midstream and downstream petroleum regulations; petroleum pipeline regulations; gas pricing domestic demand and delivery regulations; natural gas pipeline tariff regulations; midstream and downstream decommissioning and abandonment regulations; among others.“We are now at the point of engagement and interaction with a view to issuing regulations that would benefit all stakeholders,” he said.
“This administration understands the need to have an all-encompassing, well thought-out, and unambiguous regulatory instrument that is painstakingly developed to meet the present and future aspirations of the government,” he added. “Prior to this event, the authority has initiated and proposed 10 different regulations which span operations, pricing and environmental management, in line with its statutory mandate.
HETimipreSylva Oga you are speaking English. We don't have natural gas.
HETimipreSylva D one it has not attracted in the last 7years