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DPR to partner oil producers for business sustainability

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The Director of Petroleum Resources (DPR), Sarki Auwalu, has promised to collaborate with the oil producers trade section (OPTS) of the Lagos Chamber of Commerce and Industry (LCCI) for business sustainability in the oil and gas industry and to create wealth for the economy.

Auwalu assured that the agency would help in facilitating cost effective operations for the oil and gas sector through sound policy initiatives.

He stated this when he received the OPTS delegation who paid a working visit to DPR in Lagos on Tuesday.

He said DPR would continue to strive to create opportunities and enable businesses for investors as part of its efforts to change the paradigm and ensure sustainable business environment.

In order to achieve government’s commitment to cost effectiveness in oil and gas business in Nigeria, he said, DPR would entrench best practices in line with global standards.

He stated that DPR has been developing new regulations and strategic initiatives to enhance processes, further steps has been taken to provide guidance notes for better understanding and investors alignment.

He promised that DPR would continue to engage all stakeholders for value creation and business sustainability.

The delegation led by the Chairman/Managing ExxonMobil, Mr. Richard Liang expressed his appreciation to the director for providing leadership for the oil and gas industry in Nigeria.

He said that OPTS would continue to align with the vision of DPR for industry growth and sustainability.

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