African petroleum regulators have chosen Nigeria as their headquarters and elected Gbenga Komolafe, head of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), as chair, the forum said this Wednesday.
Komolafe, who previously served as Interim Chair, was confirmed during the African Petroleum Regulators Forum (AFRIPERF) inaugural executive committee meeting held virtually on Tuesday and attended by representatives from 16 African countries.
“We are laying the foundation for a more harmonised and collaborative regulatory environment across Africa,” Komolafe said.
AFRIPERF was established to strengthen petroleum governance across Africa by harmonising regulations, promoting investment and fostering collaboration among national regulators.
Eight countries have ratified the forum’s treaty, granting them full membership and voting rights, the statement said.
Nigeria, Africa’s largest crude producer, has long sought to position itself as a hub for regional energy co-operation.
—Reuters—
