Nigeria · Regulatory
Crude oil in Nigeria
JurisdictionNigeria
ProductCrude oil
Private tradeALLOWED
Allowed for private trade
NUPRC (formerly DPR) license for upstream operations. Bonny Light, Forcados, Qua Iboe priced vs Dated Brent.
Frequently asked
- Can private companies import Crude oil into Nigeria?
- Yes. NUPRC (formerly DPR) license for upstream operations. Bonny Light, Forcados, Qua Iboe priced vs Dated Brent.
- What license is typically required?
- NUPRC (formerly DPR) license for upstream operations. Bonny Light, Forcados, Qua Iboe priced vs Dated Brent.
- Does OilFlow screen Crude oil counterparties against Nigeria rules?
- Yes. The free /check screen and the Regulatory Matrix API both read this same rule row; a private Crude oil deal into Nigeria is flagged automatically when this page says blocked or restricted.
Other products in Nigeria