THE Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has called for the creation of a regional oil pricing benchmark for West Africa. The aim is to reflect the region’s unique market dynamics and reduce dependence on foreign pricing templates. Mr Farouk Ahmed, the Authority Chief Executive, made the call …
Read More »Tag Archives: Nigerian Midstream and Downstream Petroleum Regulatory Authority
Fuel Import: FG Working Against local Refineries, Operators Cry Out
SOME local refinery operators have lamented that the announcement made by the Nigerian Midstream and Downstream Petroleum Regulatory Authority, stating that the Federal Government would continue to import fuel, shows that the government had taken sides against local refineries. The operators, under the aegis of the Crude Oil Refiners Association …
Read More »