The Department of Petroleum Resources has announced plans to launch its newly established Downstream Remote Monitoring Systems for registration and accreditation of petroleum products depots, retail outlets, and the entire downstream oil and gas industry.

The Head, Public Affairs, DPR, Paul Osu, in a statement on Wednesday said that the Downstream Remote Monitoring System will commence December 1, 2020.

Osu explained that the DRMS is a web-based solution designed to provide intelligent regulatory and inventory management system for petroleum products supply and distribution from depot to retail outlets, adding that it is also as a regulatory tool to monitor retail outlets and depot activities.

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“Other features of the application include retail outlets accreditation and re-registration, nationwide automated product inventory management, retail outlets coordinate recording for mapping purposes and transactions management and report generation of dealers nationwide.

“The establishment of DRMS is another strategic initiative of DPR to continue to create opportunities and enable business in the oil and gas industry in Nigeria.”

DPR had earlier launched the National Production Monitoring System, to assist the oil and gas regulator accurately monitor national crude oil production and exports, through the provision of a system for direct and independent acquisition of production data from oil and gas facilities in Nigeria

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“This is to ensure timely and accurate reporting of production figures and export data.

“This is also expected to guard against the crude oil theft that is prevalent in Nigeria’s upstream oil sector or reported cases of crude oil that is sold but unaccounted for,” it added.

Recall that DPR had a few months back, launched the National Production Monitoring System, NPMS, another online platform that is designed to help the agency accurately monitor national crude oil production and exports.

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According to DPR, the underlying strength of the NPMS was to further ensure its ability to accurately determine the exact revenue accruing to Nigeria from the oil and gas sector, while also providing a modern and reliable technology for fiscalisation of crude.

By Peace Obi

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