Library / Extraordinary Federal Republic of Nigeria Official Gazette Lagos - 3rd March, 2023
Extraordinary Federal Republic of Nigeria Official Gazette Lagos - 3rd March, 2023

Page 15 of 42
B 
82 
Bulk 
petroleum 
liquids 
storage. 
28.—(1) 
A 
person shal! not load or unload petroleum products in a 
licensed bulk storage facility without the approval of the Authority. 
(2) A bulk petroleum liquid storage facility shall not be used for products 
export and import without obtaining the approval or permit from the Authority. 
(3) 
Petroleum products for export from depot facilities shall only be 
sourced from refineries and petrochemical plants. 
(4) 
Petroleum products shall not be exported from a bulk petroleum 
liquids storage facility without a valid certificate of quantity and quality and 
wholesale petroleum liquids supply licence issued by the Authority. 
(5) 
A third-party petroleum product shall not be stored in 
a depot 
without a valid throughput agreement and the throughput agreement shall 
be submitted to the Authority. 
(6) Aholder of a bulk petroleum liquid storage licence shall undertake 
the activities stipulated in the licence in compliance with the following 
obligations, to — 
(a) establish and make available to the public at its office — 
(i) procedure and terms for obtaining third-party access or throughput 
services on open access basis, and 
(i?) method of response to the request for its services 
; 
(b) 
procure, construct, install, operate, and maintain its facilities ina 
safe, economical, reliable, and environmenially sustainable manner, taking 
into consideration strategic plans formulated by the Authority 
; and 
(c) shut down its facilities in an emergency. to carry out maintenance or 
in response to curtailment directives as may be issued by the Authority. 
(7) Where a licensee operates for its own account, it shall — 
(a) 
grant to third-parties, the right to use or have access to capacity 
within its facilities to ensure competitive gas supply 
; 
(b) consult with, and obtain a written approval of the Authority, prior to 
any modification of technical and operational rule of practice relating to the 
operation in the facility 
; 
(c) conduct its licenced activities in a non-discriminatory manner, where 
the licence is issued on an open access basis 
; 
(d) manage its facilities as a prudent operator and abstain from activities, 
which 
in the opinion of the Authority may prevent, restrict, or distort 
competition 
; 
(e) conduct its licenced activities in accordance with the Act, Midstream 
and Downstream Petroleum (Safety) Regulations issued by Authority and 
any other applicable law ;