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Oil & Gas
West Africa needs own fuel price benchmark, says NMDPRA
The Punch
Aug 12, 2026 · 03:07 WAT
NMDPRA is advocating for West Africa to establish an independent regional fuel price benchmark that reflects local market conditions rather than disruptions linked to European crises. The proposal is relevant to Nigeria’s downstream energy market and could influence pricing frameworks and cost assumptions for listed oil and gas companies.