NMDPRA unveils rules to curb petroleum market abuse

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The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has proposed 138 new regulations to curb market abuse, monopoly, and collusion within Nigeria’s petroleum midstream and downstream sectors. The rules aim to ensure fair competition across the oil value chain in Nigeria.

…Proposes 138 regulations on competition across oil value chain By Obas Esiedesa, Abuja ABUJA — The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, has unveiled proposed regulations aimed at curbing monopoly, abuse of market dominance, collusion and other anti-competitive practices in Nigeria’s petroleum midstream and downstream sectors. The proposed Midstream and Downstream Petroleum Prevention […] The post NMDPRA unveils rules to curb petroleum market abuse appeared first on Vanguard News.