The Minister of Petroleum Resources, Heineken Lokpobiri, stated this during a media briefing in Abuja on Friday, noting that the program intends to assure proper accounting of the country’s crude oil production utilizing digital platforms.
As part of this digital approach, Lokpobiri added, all crude oil boats will be tracked from their point of origin in the Niger Delta to their final destinations across the globe.
“One of the key approvals of the Federal Executive Council that held on Wednesday has to do with awarding a contract of metering of about 187 flow stations across the Niger Delta region of Nigeria for the Nigerian Upstream Regulatory Commission (NUPRC).
“NUPRC is the apex regulatory agency for the Nigerian oil and gas upstream sector. And as part of our steps to ensure that we have proper accountability, the Federal Executive Council approved the metering of all our production and we have a hundred and eighty seven flow stations in the country littered across the Niger Delta area.
“There was a contract awarded for us to metre all flow stations that will give us a proper account of what we produce and what we export. It is a major development that has never happened in this country.”
The Minister claimed that this project is supposed to be completed in six months, within a hundred and eighty days.
Additionally, Lokpobiri said that the FEC had authorized a different document about “advance cargo,” which keeps track of goods loading at terminals all the way to the final destination.
“The second memo that was approved by council has to do with what we call advance cargo which means you award a contract to a company that will provide the technology within the same period (180 days) to enable us know from the point of loading of every cargo of crude oil that is loaded in Nigeria up to the point of destination,” he said.
He continued by saying that this would guarantee that the loading of cargo is tracked using digital technology all the way to the point of delivery.
