NUPRC Meets With Crude Producers, Refinery Owners, Wants Full Adherence To Domestic Supply Policy

The section compels crude oil producers in the country under the Oil Producers Trade Section (OPTS) and the Independent Petroleum Producers Association (IPPG) to reserve a portion of total crude produced to local refineries instead of exporting all the commodity.

Refinery owners have consistently complained about the non-availability of crude oil for their facilities, resulting in redundancy and huge losses.