Library / MIDSTREAM AND DOWNSTREAM PETROLEUM DATA DEPOSITORY REGULATIONS, 2023
MIDSTREAM AND DOWNSTREAM PETROLEUM DATA DEPOSITORY REGULATIONS, 2023
Page 6 of 10
10. A person who fails to comply with the provisions of these Regulations shall, in addition to the sanctions, fines and penalties contained in the Act and any Regulations made by the Authority, be subject to the following administrative penalties — (a) The denial of regulatory and statutory approvals issued by the Authority; (b) exclusion from the services of the Repository; and (c) civil action for recovery of unpaid fees and accrued interest. Offences 11. The fees in the Second Schedule to these Regulations shall be applicable to the services rendered by the Repository. Fees Second Schedule 12. The Authority may issue guidelines, directives, and notices for the effective implementation of these Regulations. Authority to issue guidelines, directives 13. In these Regulations — “Act” means the Petroleum Industry Act, No. 6, 2021; “Authority” means the Nigerian Midstream and Downstream Petroleum Regulatory Authority; "Data" includes 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; “NGN” means Nigerian Naira; and “USD” means United States Dollars. Interpretation 14. These Regulations may be cited as the Midstream and Downstream Data Repository Regulations, 2023. Citation
RegulationsPDF6