Library / MIDSTREAM AND DOWNSTREAM PETROLEUM DATA DEPOSITORY REGULATIONS, 2023
MIDSTREAM AND DOWNSTREAM PETROLEUM DATA DEPOSITORY REGULATIONS, 2023
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FIRST SCHEDULE ORGANISATIONAL STRUCTURE Advisory Council of the Repository (1) The Repository shall have an Advisory Council comprised of a Chairman and other members, who are highly qualified and experienced in midstream and downstream petroleum operations. (2) The Advisory Council shall advise on matters relating to the management and operations of the Repository (3) The members of the Advisory Council shall be appointed by the Authority Chief Executive Composition of the Advisory Council of the Repository (1) The Advisory Council shall consist of not more than nine members who shall include the following- (a) the Authority Chief Executive who shall be the Chairman; (b) the Executive Director, Economic Regulation and Strategic Planning, (c) the Secretary and Legal Adviser of the Authority who shall be the Secretary to the Advisory Council; (d) the Head of Information Technology in the Authority and; (e) three members from companies undertaking midstream petroleum operations; and (f) two members from companies undertaking downstream petroleum operations (2) Where the post of a member of the Advisory Council falls vacant for any reason, the Advisory Council will continue to perform its duties, provided that the number of the remaining members, including the Chairman, is not less than two-thirds of the original number of members. (3) The Advisory Council members from the Authority shall serve for the duration of their appointments in the Authority. (4) The independent members from the midstream and downstream petroleum industry shall serve for a non-renewable term of two years from the date of their appointment.
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