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Sri Lanka: Public Utilities Commission of Sri Lanka (PUCSL) was established by the Act No 35 of 2002. Initially the PUCSL Act provided for regulation of the electricity and water service industries. In March 2006 the petroleum industry was also added to the list of industries to be regulated by the PUCSL.
However, it was the Sri Lanka Electricity Act, No. 36 of 2024, that marked a major overhaul of the sector. This act established the National Electricity Advisory Council and designated the Public Utilities Commission of Sri Lanka (PUCSL) as the main regulator. The 2024 Act promotes market competition, facilitates private sector investment, and ...
In 1971, the Nigerian National Oil Corporation (NNOC) was created to handle direct commercial operational activities in the oil industry on behalf of the Federal Government. [4] However, the Department of Petroleum Resources in the Federal Ministry of Mines and Power continued to exercise statutory supervision and control of the industry. In ...
It partners with foreign oil companies to explore Nigeria's fossil fuel resources. The NNPC, with an asset of $153B (USD), is the largest national oil company in Africa. The company boasts of extensive infrastructure and investment in the downstream, midstream and upstream of the Nigerian petroleum industry.
It monitors the oil and gas industry to ensure compliance with relevant regulations and laws. [1] It also oversees the safety and other regulations that relate to the exportation and importation of the products into the country. [2] As part of its activities, the department manages the upstream and downstream sectors in Nigeria petroleum ...
The most productive region of the nation is the coastal Niger Delta Basin in the Niger Delta or "South-south" region, which encompasses 78 of the 159 oil fields. Most of Nigeria's oil fields are small and scattered, and in 1990, these small unproductive fields accounted for 62.1% of all Nigerian production.
It is thus responsible for the maintenance of (and upgrades to) petroleum and petroleum product storage and transport facilities as well as for developing the country's natural gas [1] and crude oil [2] reserves. In 2020 the minister was Udaya Gammanpila. [3] [4] The ministry's secretary is KDR Olga. [5]
Act Certified Text 1/2010: Sri Lanka Chamber of Small Industry (Incorporation) (Amendment) Act 2010: 13 January: 2/2010: Wariyapola Rajamaha Vihara Development Foundation (Incorporation) Act 2010: 21 January: 3/2010: Hampton Village Sri Lanka Trust (Incorporation) Act 2010: 9 February: 4/2010: Siriniwes Prajamithra Sahayogitha Kendraya ...