The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has opened consultations with major industry stakeholders over a proposed domestic crude oil and gas swap arrangement designed to reduce supply costs and increase the volume of crude available to Nigerian refineries. The proposed framework is also expected to strengthen compliance with the Domestic Crude Supply Obligation (DCSO) and Domestic Gas Supply Obligation (DGSO), while limiting the need to move crude across long distances to satisfy domestic supply requirements. NUPRC Chief Executive, Oritsemeyiwa Eyesan, disclosed the development during a courtesy visit to the Nigerian...