The Nigerian Upstream Petroleum Regulatory Commission has directed exploration and production companies to strictly adhere to the Crude Oil Supply Obligations for local refineries.
The commission also warned that it would deny export permits for crude oil cargoes intended for domestic refining if oil companies fail to meet their local crude supply commitments.
In a circular issued by its Public Affairs Unit on Monday, the regulatory body stressed that any changes to cargoes designated for…
Read the full article here
