House Probes Oil Regulators Over Lapses In Decommissioning Compliance
The House of Representatives ad hoc committee on decommissioning and abandonment in the oil sector accused Nigeria’s oil and gas regulators of failing to comply with key provisions of the Petroleum Industry Act (PIA) governing decommissioning and abandonment of ageing assets The committee said non-compliance by the Nigerian Upstream Petroleum Regulatory Commission, NUPRC and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has become a major obstacle, following submissions […]