NMDPRA, NUPRC To Boost Domestic Crude Supply Chain As Nigeria’s Refining Capacity Hits 1.25 Million bpd

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), is set to enter into negotiations with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC),to resolve teething issues related crude oil supply shortages to local refineries.
The NMDPRA said enhanced crude supply to local refineries has become important as Nigeria now boasts of about 1.125 million barrels a day (bpd) of installed refining capacity led by Dangote’s 700,000-bpd refinery, which has helped Nigeria become a net exporter of refined products.
The agency hinted of government’s intention to refine all of its crude domestically, as the country targets production of 3 million barrels a day i...