Library / Applicable to all Oil & Gas Operators GUIDELINES FOR FLARE PAYMENTS Code: DPR Guide 0006 - 2020 Revision Date: 1st August 2020
Applicable to all Oil & Gas Operators GUIDELINES FOR FLARE PAYMENTS Code: DPR Guide 0006 - 2020 Revision Date: 1st August 2020
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Applicable to all Oil & Gas Operators GUIDELINES FOR FLARE PAYMENTS Code: DPR Guide 0006 - 2020 Revision Date: 1st August 2020 This is a property of the Department of Petroleum Resources. All rights reserved 15 the implementation of the project; iii. achieved financial closing; iv. has demonstrated the viability of achieving commercial operations by no later than 1 January 2020; and v. the Producer has provided a financial guarantee to the Federal Government of Nigeria to underpin its commitment to milestones for the implementation of the Project Production Facility Facility where the Producer processes fluids separating and handling Crude Oil, Condensate, water and Associated Gas Programme The Nigerian Gas Flare Commercialisation Programme or any other program to take Flare Gas at any Flare Site on behalf of the Federal Government of Nigeria through a competitive bid process and/or through authorisation of Producers’ Approved Flare Out Projects Project A technically and commercially viable and sustainable Flare Gas utilisation project developed by the Flare Gas Buyer either as a Third Party Flare Commercialisation Project or a Producer’s Approved Flare Out Project Project Facility The facilities used in the Project, including the surrounding facilities and property, at which a Flare Gas Buyer takes Flare Gas as fuel and/or feedstock and which produce and/or transport a Flare Gas- to-Market Product Project Flare Gas Flared Flare Gas flared at the Producer’s Flare Stack attributable to Contracted Guaranteed Flare Gas Buyer Shortfall and/or vented or flared at the Flare Stack at a Project Regulations Flare Gas (Prevention of Waste and Pollution) Regulations, 2018 Routine Flaring Flaring of natural gas produced in association with Crude Oil and/or
CodesPDF20202020-0815