The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has emphasized the importance of compliance with regulations in the oil and gas sector, particularly in midstream and downstream operations.
The agency made this emphasis at a forum for oil and gas midstream and downstream operators in Abuja.
NMDPRA stressed the need for compliance with regulations to ensure continuity of operations and grant or renewal of licenses.
The Petroleum Industry Act (PIA) has restructured Nigeria’s petroleum industry, delineating regulatory responsibilities into upstream and midstream and downstream petroleum operations.
For proper coordination, all operations in the midstream and downstream sector can only be conducted under appropriate licenses, permits, and authorizations granted by NMDPRA.
NMDPRA is implementing an inclusive stakeholder process to streamline gazetted and published regulations, eliminating inconsistencies and repetitions.
The agency emphasized the importance of collaboration with stakeholders to foster ease of doing business, investor confidence, and sustainable operations.
