NLNG, NMDPRA seek to deepen partnership in midstream, downstream sector - ITREALMS

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The Nigeria LNG Limited (NLNG) has moved to strengthen its strategic partnership with the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to foster growth and operational excellence in the sector, reports ITREALMS.

This was the core focus of a high-level engagement on Thursday in Abuja, where the Managing Director and Chief Executive Officer of NLNG, Mr. Adeleye Falade, led a delegation on a courtesy visit to the Authority Chief Executive (ACE) of the NMDPRA, Mr. Rabiu Abdullahi Umar.

Landmark: NMDPRA, SEC joint license for JEX market - ITREALMS

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In a landmark collaboration, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Securities and Exchange Commission (SEC) have jointly issued licenses to JEX Market to establish and operate a Gas Clearing House and Settlement Authorization Platform.

This would serve as a commodity exchange platform where natural gas and its derivatives would be traded in Nigeria.