• Home
  • Photo News
  • News
    • NGO/CSO
    • Photo News
    • OrientalNews 7th Anniversary
    • Press Releases
    • World News
    • Nigeria News
    • Politics
    • Opinion
    • Sports
  • Interviews
  • SMEs
  • Law
    • Crime
  • Travel & Tours
    • Aviation
    • Tourism
  • Energy
    • Oil & Gas
    • Power
  • Business
    • Banking & Finance
      • Capital Market
      • Money Market
    • Pension
    • Insurance
    • Brands & Marketing
    • IT & Telecoms
    • Labour
    • Agriculture
    • Maritime
    • Property
    • Manufacturing
  • Regulators
    • Nigeria Bureu of Statistics
    • PENCOM
    • NAICOM
    • SEC
    • NSE
    • CBN
Facebook X (Twitter) Instagram
Tuesday, October 27
  • About us
  • Terms of use
  • Privacy Policy
  • Disclaimer
  • Advertize here
  • Contact us
Facebook X (Twitter) Instagram
Oriental News Nigeria
NRS Tax campaign
  • Home
  • Photo News
  • News
    • NGO/CSO
    • Photo News
    • OrientalNews 7th Anniversary
    • Press Releases
    • World News
    • Nigeria News
    • Politics
    • Opinion
    • Sports
  • Interviews
  • SMEs
  • Law
    • Crime
  • Travel & Tours
    • Aviation
    • Tourism
  • Energy
    • Oil & Gas
    • Power
  • Business
    • Banking & Finance
      • Capital Market
      • Money Market
    • Pension
    • Insurance
    • Brands & Marketing
    • IT & Telecoms
    • Labour
    • Agriculture
    • Maritime
    • Property
    • Manufacturing
  • Regulators
    • Nigeria Bureu of Statistics
    • PENCOM
    • NAICOM
    • SEC
    • NSE
    • CBN
Oriental News Nigeria
Home»Energy»Oil & Gas»NMDPRA Moves To Improve Market Efficiency, Unveils New Gas Code 
Oil & Gas

NMDPRA Moves To Improve Market Efficiency, Unveils New Gas Code 

By Orientalnews StaffOctober 27, 2026No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

 

Uche Cecil Izuora

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) on Monday in Lagos, unveiled its Revision 2 of the Nigerian Gas Transportation Network Code to strengthen gas transportation regulations, improve market efficiency and facilitate trade.

The Authority’s Chief Executive, Mr Rabiu Umar, made the public launched of the Code at the 20th edition of OTL Africa Downstream Energy Week 2026 in Lagos.

Umar said that the revised code provided clearer rules for gas measurement, nominations and transportation, thereby promoting transparency and improving coordination among network users.

He said that participation in the gas transportation network had increased, with more shippers joining since the introduction of Revision 1.

He added that imbalances on the western gas network had declined by 30 per cent since the earlier version was introduced.

Umar said that effective gas transportation regulations were essential to improving network operations and supporting the growth of Nigeria’s gas market.

Mrs Olu Verheijen, Special Adviser to the President on Energy (Oil and Gas), in her remarks said that gas remained critical to power generation, industrial development and transportation.

Verheijen, who was represented by Mrs Eriye Onagoruwa, Team Lead in the Office of the Special Adviser to the President on Energy, emphasised the importance of regulatory certainty and investment in gas infrastructure.

She said that predictable regulations would help attract the investments required to develop gas infrastructure and expand the use of gas across the economy.

Dr Mumuni Dagazau, Executive Vice-President, Downstream, Nigerian National Petroleum Company Ltd. (NNPC Ltd.) said that investment in gas infrastructure was essential to developing the country’s energy value chain.

Dagazau stressed the need for improved coordination among industry stakeholders and regional cooperation to promote energy market integration and cross-border trade.

Mr Tunji Oyebanji, Chairman of the OTL Africa Downstream Advisory Board, said infrastructure development and efficient logistics were critical to strengthening Africa’s downstream energy markets.

He said that commercial partnerships among African countries would help expand energy trade and create investment opportunities across the region.

 

Share this:

  • Share
  • Email a link to a friend (Opens in new window) Email
  • Tweet
  • Share on Reddit (Opens in new window) Reddit
Orientalnews Staff

Related Posts

PETAN Advocates Indigenous Capacity Development To Address Oil Industry Technical Gaps

October 27, 2026

NUPRC Confirms Domestic Refiners Took Over 127 Million Barrels Of Nigerian Crude in Nine Months

October 27, 2026

Clean cooking expands at record pace in Africa, but lags behind population growth

October 27, 2026

Leave A Reply Cancel Reply

The latest
  • PETAN Advocates Indigenous Capacity Development To Address Oil Industry Technical Gaps
  • KADUNA AND THE MEANING OF TINUBU’S SECOND MARCH
  • Lagos State Governor, Sanwo-Olu Receives National Peace And Humanitarian Award
  • Ecobank Advances Youth Innovation As Top 20 InnovateX Finalists Emerge For ₦20 Million Prize Pool
  • NEM Group Chairman, Tope Smart, To Deliver Keynote Address At Business Journal Insurance & Pension Roundtable 2026
  • NYSC Steps Up Compliance With Safety Standards
  • DataPro Trains Financial Institutions On Combating Proliferation Financing
  • INEC Offers Wider Access To Its Preliminary Register
  • Harry Kane Wins Ballon d’Or, Ends England’s 25-Year Wait
  • AIICO Sustains Retirement Income For 28,000 Retirees
Categories
Quick Links
  • About us
  • Terms of use
  • Privacy Policy
  • Disclaimer
  • Advertize here
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Copyright © 2026 Oriental News Nigeria. All right reserved.

Type above and press Enter to search. Press Esc to cancel.