The Oil and Gas Alternative Dispute Resolution Centre (ADRC) established by the Department of Petroleum Resources (DPR) In Lagos State, to address and reduce the number of cases in the oil and gas sector, has formally commenced sitting.
Mr Paul Osu, Head of Public Affairs of the DPR disclosed this in a statement issued Monday, May 17.
He said setting up the ADRC is in consonance with the provisions of the Petroleum Act Cap P10 Laws of the Federation 2004, which emphasises the settlement of disputes through alternative dispute resolution mechanisms without recourse to litigation.
According to Mr Osu, the Centre had already successfully resolved its first case in line with the objective of the Federal Government for the speedy resolution of disputes in the Nigerian oil and gas industry, noting that “this is a positive step for the industry because the objective of setting up the centre is to reduce cost, enhance safety and add value to the sector”, he said.
He said four other cases were currently at hearing stage before the Oil and Gas Alternative Dispute Resolution Centre (ADRC).
However, he explained that participating or referring of cases to ADRC was voluntary, adding that it would be very beneficial to the parties.
It will be recalled that the Alternative Dispute Resolution Centre (ADRC) was one of the units of the National Oil and Gas Excellence Centre inaugurated recently by President Buhari, in line with the Federal Government’s objective for speedy resolution of disputes in the industry.
The Alternative Dispute Resolution Centre (ADRC) has a six-member Advisory Council and a 20-member Body of Neutrals.
The Advisory Council is made up of the Director/CEO of DPR, Mr Sarki Auwalu (Chairman), Justice Saliu Said, Justice Cecelia Olatoregun, Chief Bayo Ojo (SAN) , Mr Daere Akobo and Mr Nicholas Odinuwe.