Library / Applicable to all Oil & Gas Operators GUIDELINES FOR GRANT OF PERMIT TO ACCESS FLARE GAS Code: DPR Guide 0007 - 2020 Revision Date: 1st August 2020
Applicable to all Oil & Gas Operators GUIDELINES FOR GRANT OF PERMIT TO ACCESS FLARE GAS Code: DPR Guide 0007 - 2020 Revision Date: 1st August 2020
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Applicable to all Oil & Gas Operators GUIDELINES FOR GRANT OF PERMIT TO ACCESS FLARE GAS Code: DPR Guide 0007 - 2020 Revision Date: 1st August 2020 This is a property of the Department of Petroleum Resources. All rights reserved 25 Bidder may accept or otherwise be modified to reflect any of the amendments/exceptions proposed by Preferred Bidders and Reserve Bidders in their Proposals Flare Gas Any natural gas produced in association with Crude Oil and/or Condensate by a Producer and finally diverted toward a Flare Site by the Producer with the intent of flaring the natural gas so diverted, including any such natural gas from a Greenfield Project Flare Gas Buyer The entity which, after having executed the Final Commercial Agreements and having been granted the Permit to Access Flare Gas, will purchase Flare Gas from the Seller through the Gas Sales Agreement Flare Gas Connection Point The point where the Gas Connection Assets tie into the facilities of the Producer Flare Gas Floor Price The minimum price of US$0.25/Mscf required to be paid by the Flare Gas Buyer to the Seller for Flare Gas delivered at the Delivery Point Flare Gas Forecast Quantities Flare Gas volumes forecast on an annual basis provided by the Producer and validated by the Department of Petroleum Resources. These Flare Gas quantities are reserved for competitive bid processes conducted by the Federal Government of Nigeria to take Flare Gas at any Flare Site on behalf of the Federal Government of Nigeria Flare Gas Header The gas facility or facilities within the Producer’s existing infrastructure from where Associated Gas is directed to the Flare Stack (Flare Gas Connection Point may or may not be at the Flare Gas Header) Flare Gas (Prevention of Waste and Pollution) Regulations 2018 The Regulations by this name that were signed into effect on the 5th of July 2018, also referred to as the Regulations in the Guidelines Flare Gas Price The price of a unit of Flare Gas in US$/Mscf, which shall either be the Contracted Flare Gas Price or the Excess Flare Gas Price, as applicable Flare Gas-to-Market Product A product delivered by the Project to an Off-Taker after having been processed and/or transported by the Flare Gas-to-Market Technology
CodesPDF20202020-0825