₦airaland Forum

The Federal Government has stepped up efforts to strengthen accountability and transparency in Nigeria’s crude oil sector with the inauguration of a Gravimetric Multifaceted Flow Metering Calibration Facility in Eket, Akwa Ibom State, by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).

It also signed a memorandum of understanding (MoU) with the International Energy Agency (IEA) to strengthen cooperation on methane emissions reduction, gas development, clean cooking access and technical support.

The Eket facility, described as the first of its kind in West Africa, is expected to address a long-standing industry challenge surrounding crude measurement accuracy, a problem that has historically contributed to disputes among operators, revenue leakages and reliance on overseas laboratories for calibration services.

Speaking at the commissioning, the Chief Executive of NUPRC, Oritsemeyiwa Eyesan, commended Engineering Automation Technology Limited, the indigenous firm that developed the facility, for its vision, courage and patriotism in investing in the state-of-the-art project.

Eyesan, who was represented by the Deputy Director for Development, Manuel Ibituroko, described the plant as “a transformative leap forward”, noting that it features zero-touch automation, tamper-proof audit trails, and high-precision gravimetric standards designed to eliminate human error and minimise downtime.

According to the Commission, the facility can calibrate turbine, ultrasonic, Coriolis, electromagnetic and positive displacement meters, critical devices used to determine volumes of crude flowing through pipelines and export terminals, thereby improving operational efficiency, regulatory compliance and production optimisation across the industry.

Managing Director and Chief Executive Officer of Engineering Automation Technology Limited, Dr Emmanuel Okon, said the project emerged from Nigeria’s local content drive after indigenous companies were encouraged in 2020 to build technical capacity within the country.

https://guardian.ng/energy/fg-to-tighten-crude-accountability-as-nuprc-opens-gravimetric-facility/

This is long overdue since crude oil was discovered in the Niger Delta in 1956 till date no company or individual or corporate body has actually given us the accurate volume of crude oil extracted.
It has always been estimated.
Lots of it was stolen.
Sometime ago, GEJ once said in a public forum while the President that it's only in Nigeria 🇳🇬 that crude oil would be stolen on high sea and nobody would know its destination.
Well it's a good development.

Tinubu, this is a great initiative in ensuring accountability and minimizing crude-oil theft.

Christmyhope:
Tinubu, this is a great initiative in ensuring accountability and minimizing crude-oil theft.

Crude oil was discovered in Oloibiri in Ogbia LGA in Bayelsa State in 1956 till date Nigeria has poor accounting in the volume of crude oil

This is how to minimize corruption and not by making noise about China going back to China. Everyone can see the effect of having a 1st class accountant as president. Why didn't Buharis body language minimize corruption during his time and we have Emefiele situation? Some people think it's by making mouth. Tinubu is silently changing the narrative without making noise about it. He is blocking loopholes being proactive rather that reactive. That's the function of intellect and not headless mob mentality.

Thedon22:
This is how to minimize corruption and not by making noise about China going back to China. Everyone can see the effect of having a 1st class accountant as president. Why didn't Buharis body language minimize corruption during his time and we have Emefiele situation? Some people think it's by making mouth. Tinubu is silently changing the narrative without making noise about it. He is blocking loopholes being proactive rather that reactive. That's the function of intellect and not headless mob mentality.

Let the average person get the dividends of democracy. That is not a rocket science