The Nigerian Upstream Petroleum Regulatory Fee (NUPRC) mentioned that it has obtained the required approvals to implement Advance Cargo Declaration regime in upstream petroleum operations to curtail the export of stolen crude oil.

NUPRC mentioned that it will be certain that Crude Oil and Fuel cargoes exported from Nigeria may have a singular identifier that confirms all documentation as regards the exported consignment.

Fee Chief Govt (CCE) NUPRC, Gbenga Komolafe, mentioned this on Friday in Abuja at a stakeholders’ engagement with newsmen whereas highlighting its initiatives to curb oil theft in Nigeria.

Komolafe mentioned this implied that any cargo that didn’t have the distinctive identifier was not legitimately exported from the nation.

He mentioned in step with President Muhammadu Buhari’s directive, it advanced further initiatives to collaborate with oil and gasoline working corporations (together with NNPC) and the highest echelon of Nigerian safety forces to finish the menace.

He mentioned the fee had commenced a full-scale audit of crude oil theft and an evaluation of upstream property integrity audit to ascertain precise crude oil theft figures within the upstream petroleum trade.

This, he mentioned, was in view of latest controversial figures on theft volumes thrown up by some trade operators, which impacts negatively on Federation income.

“This is essential because the nation derives its royalty from internet crude oil receipts,’’ he mentioned.

Equally, he mentioned in step with its statutory duties as a regulator, the fee obtained crucial approvals to make sure the set up of metering tools (LACT Models) within the upstream petroleum trade, utilizing Unique Tools Producers (OEMs).

He disclosed that this might avert potential manipulation of figures that would lead to shortchanging the Federation of oil and gasoline income.

On its reforms, he mentioned that in step with part 314 of the PIA, 2021, it had efficiently applied the delineation of workers between the fee and the Midstream/Downstream Petroleum Regulatory Authority (MDPRA).

Subsequently, he mentioned the fee had commenced manpower audit, job mapping and capability constructing programmes tailor-made towards optimisation of human capital.

“The Fee has accomplished the unbundling of Enterprise Knowledge Warehouse (EDW) from legacy DPR and applied automation of the enterprise workflow processes.

“The processes are the Income Ledger and Info System (RLIS) portal for corporations to submit all native and international royalty funds and the Nationwide stability of cost portal for reporting inward and outward direct funding related to crude oil export.

“Others are Growth of Asset Administration Net Portal (AMWP) for Marginal Fields and petroleum services and e-library – offering entry to all inner assets, together with checklists, SOPs, templates and reference supplies,’’ Komolafe mentioned.

The CCE, nevertheless, famous that the fee was deliberate in figuring out and sanctioning new tasks and new area developments, to assist enhance the nationwide oil manufacturing.

“We’ll proceed to work with all stakeholders on the strategic areas and we are going to, with out prejudice to the mid and long-term methods.

“We’ll proceed to implement some speedy (brief time period) oil achieve methods within the mild of present realities of upward pattern in worldwide crude oil costs,’’ he mentioned. 

Previous article We Will Only Vote Political Aspirants Who Have S…
Next articleFCTA Set To Scale Up Enforcement On City Cleanup 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

The maximum upload file size: 128 MB. You can upload: image, audio, video, document, spreadsheet, interactive, text, archive, code, other. Links to YouTube, Facebook, Twitter and other services inserted in the comment text will be automatically embedded. Drop file here