Library / MIDSTREAM AND DOWNSTREAM PETROLEUM DATA DEPOSITORY REGULATIONS, 2023
MIDSTREAM AND DOWNSTREAM PETROLEUM DATA DEPOSITORY REGULATIONS, 2023
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(5) Where a new member is appointed in place of another member of the Advisory Council the new member will serve for the remainder of the term of his predecessor. (6) Where the Advisory Council is not reconstituted upon the expiry of its term of office, the Advisory Council whose term has expired shall continue to perform its duties for not more than six (6) months from the date of expiration of its term of office. (7) The Advisory Council shall convene a meeting at the invitation of the Chairman, at least twice every year. Functions of the Advisory Council The Advisory Council shall— (a) approve the definition of data-type and operational scope of the Repository; (b) approve standards and procedures set for data submission, release, transfer, exchange (trade), quality control, and security; (d) periodically review and approve annual fees and charges as specified in the Schedule of these Regulations; (e) approve operational, business and financial models for the purposes of managing and generating revenue; and (f) approve the Repository budget and expenditure, Repository Coordinator (1) The Authority Chief Executive and Chairman of the Advisory Council shall, on the recommendation of the Authority’s Head of Information Communication and Technology, appoint a Repository Coordinator for the day to day management of the Repository. (2) The Repository Coordinator shall be an officer of the Authority with the following qualifications- (a) a minimum of three years’ experience as a certified data centre information manager; and (b) a minimum of 10 years’ service in the Authority. (3) The Repository Coordinator shall serve for a term of two years which may be renewable on satisfactory performance for a further term of two years provided that the Authority Chief Executive may relieve the Repository Coordinator of the appointment prior to the expiration of the term.
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