Library / Applicable to all Oil & Gas Operators GUIDELINES AND PROCEDURES FOR OBTAINING DPR APPROVAL FOR TRANSFER OF LICENCE, RIGHTS OR INTERESTS IN THE DOWNSTREAM SECTOR OF THE NIGERIAN OIL AND GAS INDUSTRY

Applicable to all Oil & Gas Operators GUIDELINES AND PROCEDURES FOR OBTAINING DPR APPROVAL FOR TRANSFER OF LICENCE, RIGHTS OR INTERESTS IN THE DOWNSTREAM SECTOR OF THE NIGERIAN OIL AND GAS INDUSTRY

Page 11 of 23

Open the PDF at page 11

 
 
 
 
Applicable to all Oil & Gas Operators  
GUIDELINES AND PROCEDURES FOR OBTAINING DPR APPROVAL FOR 
TRANSFER OF LICENCE, RIGHTS OR INTERESTS IN THE DOWNSTREAM 
SECTOR OF THE NIGERIAN OIL AND GAS INDUSTRY 
Code: DPR Guide 0039 - 2020 
 
Effective Date: 1st September 2020 
 
 
 
This is a property of the Department of Petroleum Resources. All rights reserved  
 
7 
3.3 
Approval (Transaction) Fees 
The applicant shall be required to pay five percent (5%) of transaction purse as 
Approval fees or the applicable fees listed in table 3.3, whichever is higher. Transaction 
purse is the cost of transfer of the downstream facility (asset). 
Table  3.3– Approval Fees 
S/No 
Facility 
Fees 
i. 
 Petrol Station/LPG Refilling plant 
N 200, 000.00 
ii. 
 Depots 
N 1,000,000.00 
iii. 
 Lube Oil Blending Plants/Waste 
Recycling Plant 
N 3,000,000.00 
iv. 
 Modular refinery/plant 
N 2,500,000.00 
v. 
 Conventional refinery/plants 
US$50,000.00 
vi. 
 Pipeline/pipeline network 
US$50,000.00 
vii. 
 Gas Processing Plants 
N 3,000,000.00