Ajirioghene Imah
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has issued license to establish new crude oil terminals to NNPC Limited and Belema Oil Producing Limited.
According to the Chief Executive of the Authority, Engr. Farouk Ahmed during the signing and presentation ceremony to establish Utapate Export crude oil terminals and Belema Sweet Crude Export terminal, he noted that the issuance was done in line with provisions of the Petroleum Industry Act which stipulates guidelines for the establishment of new export terminals.
The NMDPRA Boss said NNPC Exploration and Production Limited is to establish a 2,179,747 BBLS Crude Oil Terminal at Offshore Akwa Ibom State within the waters of the Exclusive
Economic Zone.
Farouk also noted that Belema Sweet Export Terminal Limited is to establish a 2,000,000 BBLS Crude Oil Terminal at 20 Nautical Miles of Kula Southern Part of Exclusive Economic Zone.
