Library / MIDSTREAM AND DOWNSTREAM PETROLEUM DATA DEPOSITORY REGULATIONS, 2023
MIDSTREAM AND DOWNSTREAM PETROLEUM DATA DEPOSITORY REGULATIONS, 2023
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(3) the Repository may grant discounts or waivers on transaction or service fees to subscribers based on published and clear criteria. (4) The Authority shall have power to undertake civil action for the recovery of unpaid fees and levies. 7. (1) All records, including but not limited to reports, data, samples, fluid samples, plans, maps, charts, crude oil assay, accounts, materials and information which are required to be provided to the Authority under the Act, Regulations or any other law shall be submitted by the holder of a midstream and downstream licence or permit to the Repository in a standard and format specified by the Authority. (2) The submission of records by a licensee or permit holders to the Authority in the specified format shall be a discharge of its obligations to submit data to the Authority under the Act and regulations made thereto. (3) Records which are required to be provided to the Repository under these Regulations or the Act shall be provided by the licensee or permit holder at no cost to the Authority. (4) The Repository shall charge fees for the storage and handling of fluid samples at designated storage facilities. (5) All data derived from project performance monitoring and cost benchmarking in the midstream and downstream petroleum industry shall be archived in the Repository. (6) information required under these Regulations to be submitted to the Repository in relation to work done or progress of petroleum operations in the relevant area shall not be withheld on the grounds that the information is confidential or interpretational. Data Submission 8. Information submitted to the Repository by a licensee or permit holder shall, except as otherwise provided by these Regulations, be treated by all public officers and other authorities entitled to the information as confidential, provided that, no information shall be regarded as confidential, immediately after the expiration of the period specified in guidelines issued by the Authority. Data Confidentiality Period 9. Data held by the Repository may be released to the public, after the expiration of the confidentiality period, upon payment of the relevant fees as specified in the Second Schedule to these Regulations. Data Release Schedule
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