DPR to partner oil marketers to drive FG’s downstream sector programmes
DPR to partner oil marketers to drive FG’s downstream
sector programmes
The Department of Petroleum Resources, DPR, Wednesday, said it will partner
with petroleum products depot owners and oil marketers to achieve the Federal
Government’s programme for the downstream petroleum industry. In a statement,
signed by its Head Public Affairs, Mr. Paul Osu, the DPR identified the
government’s downstream programme and aspirations to include price freedom,
optimum petroleum products distribution network, petroleum products supply
sufficiency and curbing of petroleum products cross border leakages.
Speaking during the visit of members of the Depot and Petroleum Products
Marketers Association of Nigeria, DAPPMAN, to DPR in Lagos, Director of
Petroleum Resources, Mr. Sarki Auwalu, also outlined four cardinal focus for
downstream operations, as parts of efforts to continue to enable business and
create opportunities in the oil and gas sector. He listed the four focus areas
as quality for product assurance and customer satisfaction; quantity for
transparency, value for money and consumer protection; safety for
personnel/assets and public safety; and integrity for investment protection and
business continuity.
The DPR added that the DPR had developed a Gas Business
Incentives and Support Programme (GBISP) to drive gas expansion and
penetration. According to him, key strategic initiatives, such as
implementation of the gas network code programme to encourage gas-based
industries’, GBI, support for duty waivers consideration for equipment, tools
and materials for downstream gas facilities, streamlined registration for Liquefied
Petroleum Gas, LPG, resellers and the ongoing gas commercialisation programme
have been put in place to achieve the GBISP.
Also speaking, Chairman of DAPPMAN, Dame Winifred Akpani, commended the
Department for its robust regulatory initiatives and engagements with
stakeholders in the oil and gas sector which has created the enabling
environment for their businesses. She said that DAPPMAN would continue to
provide support for government policies especially in its drive for price
freedom in the downstream sector.
Ebirien Ephraim
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