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NUPRC Regulatory Reforms Lift Investor Confidence, Support Nigeria's Gas Expansion Agenda

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-- The Nigerian Upstream Petroleum Regulatory Commission has accelerated reforms to align regulatory processes under the Petroleum Industry Act, it said in a Saturday statement.

"We are deliberately repositioning the Commission as a business enabler," Oritsemeyewa Eyesan, NUPRC chief executive, said, adding, "Through our monthly stakeholder engagements, we X-ray industry performance and resolve issues proactively to ensure they do not escalate."

In this way, the NUPRC said it reaffirmed its drive to create a business-friendly environment to support the federal government's natural gas agenda.

Eyesan made the remarks during a visit by Nigeria LNG Managing Director, Adeleye Falade, noting that reforms since December have aligned processes with the Petroleum Industry Act.

She said the NUPRC's improved regulatory responsiveness to the oil and gas sector is boosting investor confidence and final investment decisions.

Eyesan described the "Decade of Gas" as a practical framework to expand domestic use and strengthen exports, while urging operators to match government efforts with compliance and disciplined investment.

Falade highlighted the need for upstream collaboration to sustain gas supply, noting that NLNG now dedicates all LPG output to the domestic market due to rising demand.

"Today, 100 percent of our LPG production is dedicated to the domestic market - not due to reduced output, but because demand has expanded significantly," Falade said.

He said the Train 7 project, expected to come online next year, will lift capacity by about 35 percent, supporting growth in both local supply and exports.

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