The Nigerian Upstream Petroleum Regulatory Commission invites industry stakeholders to consultation forums on its phase Four consultation forum.
That forum is to focus on draft regulations or amendments to regulations on the following draft regulations:
1.1. Draft Upstream Commercial Operations Regulations
1.2. Draft upstream Petroleum Code of Conduct & Compliance Regulations
1.3. Draft Upstream Petroleum Development Contract Administration Regulations
1.4. Draft Upstream Revocation of licences and Lease Regulations
1.5. Draft Upstream Petroleum Assignment of Interest Regulations
1.6. Draft Nigerian upstream Petroleum (Administrative Harmonisation) Regulations
1.7. Draft Amendment to the Nigerian Upstream Petroleum Host Communities Development Regulations 2022. 2.
The consultation forum is scheduled to take place at the Transcorp Hilton Hotel, Abuja, in two segments as follows: 2.1. Segment 1 – 9th, 10th, 11th, and 13th of October 2023 (10am Daily)
2.1.1. Draft Upstream Revocation of licences and Lease Regulations
2.1.2. Draft Upstream Petroleum Assignment of Interest Regulations
2.1.3. Draft Upstream Commercial Operations Regulations
2.1.4. Draft Upstream Petroleum Development Contract Administration Regulations
2.2. Segment 2 – 8th, 9th and 10th November 2023 (10am Daily)
2.2.1. Draft upstream Petroleum Code of Conduct & Compliance Regulations
2.2.2. Draft Nigerian upstream Petroleum (Administrative Harmonisation) Regulations
2.2.3. Draft Amendment to the Nigerian Upstream Petroleum Host Communities Development Regulations 2022.
“This Phase Four (4) Consultation Forum with stakeholders on draft regulations , is pursuant to the petroleum industry act (pia) 2021 1. in line with section 216 (1) of the pia 2021, which requires the commission to consult with stakeholders prior to finalising regulations or amendments to regulations”, says Gbenga Komolafe, Commission Chief Executive.
