The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has issued a policy aimed at accelerating decarbonisation and energy sustainability within Nigeria’s upstream oil and gas sector.
The policy introduces the Upstream Petroleum Decarbonisation Template (UPDT), a key regulatory tool designed to align the sector with global energy transition goals and bolster Nigeria’s competitiveness in the international energy market.
According to a statement signed by NUPRC chief executive, Gbenga Komolafe, recently, the issuance of the UPDT is part of the Commission’s efforts to promote environmental stewardship and sustainable practices across the country’s oil and gas operations, in line with Nigeria’s commitment to achieving net-zero emissions by 2060.
As the global energy sector increasingly shifts towards cleaner, more sustainable sources, Komolafe said the Commission has positioned the UPDT as an essential framework for driving decarbonisation across all upstream petroleum activities in the country.
“The UPDT is premised on Section 6 (d),(g),(h),(i),(j),& (k) of the Petroleum Industry Act, 2021(PIA), and similar provisions which mandate the Commission to promote sustainability measures and enforce environmental stewardship in upstream activities.”
