Is it too early to make a call that FLNGs are the future of the natural gas market?
DPR has warned depot owners against the hoarding of petroleum products in their facilities across the country.
Nigeria is expected to earn about $500 million from the signature bonuses to be awarded for 57 marginal oilfields in the country.
The DPR has stated that it will commence the remote monitoring, registration, and accreditation of all petroleum products depots.
DPR has announced the introduction of new guidelines to accommodate more LPG investors and operators across the country.
DPR has shutdown 85 LPG plants in Lagos from January to October of 2020, for engaging in illegal operations.
DPR has rolled out guidelines for the establishment and operations of downstream gas facilities.
DPR boss revealed that tank farm operators will be forced to comply with the safety regulations of the agency.
The PIB represents the most comprehensive review of the legal framework for the oil and gas sector in Nigeria.
FG would apply severe sanctions on business operators found to be using faulty and recalibrated equipment to defraud Nigerians.