The Independent Petroleum Marketers Association of Nigeria (IPMAN) Suleja/Abuja Unit, on Sunday, threatened to embark on a strike action over alleged extortion by officials of the Department of Petroleum Resources (DPR). It said members would be instructed not to load from Suleja depot in Niger State. The Chairman of the Unit, Alhaji Yahaya Ahman Alhassan, made the disclosure during an interactive session with journalists in Abuja. According to him, the association seeks an explanation as to DPR’s incessant demand for daily sales activities from filling stations. “IPMAN has no other alternative other than instructing our members not to load from Suleja depot in Niger State to express our frustrations after all efforts to make DPR officials desist from unethical practices failed. “These iss...
File Photo The Department of Petroleum Resources (DPR) on Friday debunked claims that the exact volume of crude oil produced in the country was not known. Mr Paul Osu, Head, Public Affairs, DPR, in a statement issued in Lagos, said every litre of crude produced in the country was adequately captured during the process of extraction. Osu said it was the responsibility of the DPR to monitor and account for crude oil production as basis for determining government’s revenue through royalty payments by operators for sustainable development. He said: “As a further step to boosting crude accounting process from production to export, DPR recently launched the National Production Monitoring System (NPMS). “NPMS is an online platform for direct and independent acquisition of production data from oil...
File Photo The Department of Petroleum Resources (DPR) has revoked four Oil Mining Licences (OML) belonging to Addax Petroleum due to the non-development of the assets by the petroleum company. The affected assets are OML 123, 124, 126 and 137. Speaking during an interactive session with journalists in Lagos on Tuesday, the Director/Chief Executive Officer, DPR, Mr. Sarki Auwalu, who disclosed this, said it was discovered that over 50 per cent of the assets had remained underdeveloped, which he said was resulting to loss of revenue to the federal government. According to him, “Addax refused to develop the assets and Addax were therefore not operating the assets.” The DPR boss pointed out that going by the country’s Petroleum Act, “the first reason for a revocation is when you discover that...
File Photo The Department of Petroleum Resources (DPR) has advocated that market forces should be allowed to determine gas prices to guarantee the security of supply and demand of the commodity. Mr Sarki Auwalu, the Chief Executive Officer, DPR, disclosed this while presenting keynote address at the pre-summit conference on “Decade of gas’, in Abuja, on Monday. Auwalu said that the right and market-based pricing of gas was critical, as it would assure producers of returns on their investments. He also outlined five critical levers for gas development, especially as Nigeria moves to leverage its abundant gas resources for national growth, diversification of the economy and to use gas as the fuel for economic transformation. According to him, the levers include availability, accessibility, a...
File Photo Ahead of the Easter festival coming up by the end of March, the Department of Petroleum Resources (DPR) has reassured Nigerians that there will be no fuel scarcity, urging them to desist from panic buying. It also stated that government has put a formidable policy in place to ensure free flowing supply and distribution of petroleum products during the festivity. Addressing journalists after going round on routine surveillance to monitor and ensure that all retail outlets are complying with the recommended price of between N162 to N165 per litre, the Jos office Operations Controller of DPR, Mr. Stanley Ngene, said: “I can assure you that every necessary precaution is being taken by the government to ensure that we do not go back to the days of fuel scarcity.” Ngene said that the ...
File Photo The Department of Petroleum Resources, DPR, Tuesday, disclosed that it plans to upgrade operations in the downstream petroleum industry, leveraging on its ongoing automation process. In a statement in Abuja, Director/Chief Executive Officer of the DPR, Engineer Sarki Auwalu, stated that the upgrade would be to global standards and would be driven by its deployment of improved technology. Auwalu, who was speaking at a virtual meeting with members of the Major Oil Marketers Association of Nigeria, MOMAN, in Abuja, noted that the DPR was currently deploying appropriate technology to enhance value for operators and investors alike in the downstream sector . Specifically, Auwalu explained that the DPR had concluded plans to launch the Downstream Remote Monitoring Systems, DRMS, an in...
File Photo The Department of Petroleum Resources (DPR) says it has closed seven Liquefied Petroleum Gas (LPG) retail outlets in Rivers for operating without valid licences. Bassey Nkanga, Zonal Operations Controller of the agency, made the disclosure during a meeting with Petroleum Products Marketers Association and Petrol Tankers Drivers Union (PTD) on Friday in Port Harcourt. Mr. Nkanga said the enforcement of safety requirements/sanction against violators became necessary to support effective regulation in the downstream sector. “We are in a very peculiar season, the harmattan season when fire incidents usually occur at filling stations. This challenge had, in most cases, occurred as a result of avoidable mistakes, hence, the need to step up safety consciousness amongst stakeholders in ...
President of the Senate, Ahmad Lawan, has said that nobody is above the scrutiny of the National Assembly. Lawan stated this in his closing remarks moments before the Upper Chamber adjourned plenary till September 15, 2020. Speaking on the gains of a harmonious working relationship between the Legislature and the Executive arm of Government, the Senate President advised appointees of the President against needless confrontation with the Committees of the National Assembly. According to him, engagements with Ministries, Departments and Agencies of Government by the Committees of the National Assembly are carried out to serve public interest and in accordance with the provisions of the 1999 Constitution as amended. “As for what has been happening recently, let me take this opportunity to adv...
AHA Taxis Oil marketers, under the aegis of Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), yesterday, kicked against attempts by some labour groups and trade associations to stage a protest march in opposition to the recent hike in the price of Premium Motor Spirit, also known as petrol. The Nigeria Labour Congress (NLC), United Labour Congress (ULC) and some other oil marketing groups had threatened to embark on a nationwide strike over the hike in petrol price, while they called on the government to revert to the previous price. In a statement in Abuja, National President of PETROAN, Dr. Billy Gillis-Harry, stated that while its members are not happy with the way certain things are in the downstream petroleum industry at the moment, they do not think any stree...