Home Energy NIMASA urges oil& gas coys to comply with standard regulation

NIMASA urges oil& gas coys to comply with standard regulation

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UGO AMADI

Director General of Nigeria Maritime Administration and safety, NIMASA, Hon. Dakuku Peterside, has said that countries and companies across the world need to comply with national and international standard regulations, procedures to improve petroleum product and the supply chain operations. He said this in speech delivered at the session on Competitiveness and Standards in Ship and Shore Logistics of the just concluded Oil Trading and Logistics Downstream Week.
According to him, logistics of ship and shore serve as a gateway of supply of petroleum products which involves interconnection of different modes of transport as released from transshipment hubs, systems, different states and regions.
He said the supply and movement of products from the point of production to the final destination for consumers could be done through the form of pipelines, tankers, barges and sometimes trains and tank trucks as we know them.
According to him, this allows supply to move from one point another.
He noted that it is important that the flexibility and suitability of the supply is dependent on cost of production, pricing, storage capacity, transportation modes and safety standards.
‘’And for the benefit of the country’s economy, we also take into consideration stakeholders’ engagement and the need to expedite actions in the areas of arbitrations of relevant maritime claims. This would not be considered without what we refer to as the development of secure anchorage in our waters. That has to do with providing security for vessels at anchorage to enable operators work in our waters in the supply chain’

Therefore, the competitive nature of supply and demand for the product in this industry is very key to the safe and artificial shipping trade in Nigeria and Africa in general”, he said.
He maintained that product movement occurs either in the form of refined or unrefined products. It could be in terms of petroleum products or crude and the final destination will either be the market, the consumer or the buyer. The supply and demand equation are key to the price and key to certain uncertainties of a situation of an international competitive market and regulations in response to the emerging challenges of the 21st century.
He said the challenges affecting the economies of many countries, organisations, market with a call to enhance safety, standards alternative source of energy is driven by energy.

Peterside expressed that many countries and international organisations are visiting and revisiting the emerging and amended safety and standard regulations to further strengthen the legal framework relating to ship and shore especially in the oil and gas sector.

The DG said that the IMO marine environment protection committee has reviewed measures to address issues not only covered by SOLAS to improve the supply of product and also in the carriage of dangerous goods and hazardous substances.

He noted that the  importance of this cannot be overemphasized as there have been sub-committees on the carriage of good, cargoes and containers establishing working groups on amendments of codes and development of guidelines. An example is the very recent IIGF Code by the IMO.

Other organisations also relating to standards and guidelines include: The International Organization for Standards, Society of International Gas Tankers and Terminal Operators, Oil Companies International Maritime Forum, and similar other organisations around the world.

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