THE FEDERAL GOVERNMENT WILL RELEASE 13 NEW REGULATIONS IN THE UPSTREAM SECTOR OF THE OIL AND GAS INDUSTRY IN THE COMING WEEKS. GBENGA KOMOLAFE, CHIEF EXECUTIVE OFFICER OF THE NIGERIAN UPSTREAM PETROLEUM REGULATORY COMMISSION REVEALED THIS ON THE SIDELINES OF THE ONGOING NIGERIAN INTERNATIONAL ENERGY SUMMIT IN ABUJA ON TUESDAY. KOMOLAFE, STATED THAT THE NEW REGULATIONS WILL BE IN ADDITION TO THE SIX ALREADY INTRODUCED A FEW WEEKS AGO BY THE AGENCY. HE ADDED THAT THE COMMISSION HAD SET UP A CARBON DEPARTMENT IN CHARGE OF ENDING GAS EMISSION AS PART OF THE COUNTRY’S JOURNEY TOWARDS ENERGY TRANSITION.
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