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

Page 24 of 42
~Petroleum Products and Natural Gas Sold in Nigeria” includes 
materials derived from crude oil and natural gas processing such as ethane, 
propane, butanes, pentanes, liquefied petroleum gas, natural gas liquids, 
asphalts, gasoline, Kerosene, diesel, gas oil, jet fuel, transportation fuels, 
fuel oils for heating and electricity generation and other derivatives such as 
urea, fertilizers, methanol, hydrogen, ammonia, Nitrogen, petrochemicals 
and precursors, emanating from a processing facility for purchase in Nigeria 
and export Free on Board (FOB) 
; 
“Petroleum Products Offtake” means purchase of bulk petroleum 
products for the purpose of export, reselling, retailing or distribution 
; 
Pipeline” has the meaning ascribed to it in the Act 
: 
“Prescribed Port” means any port which the officer of the Ministry 
responsible for matters relating to ports may by notice in the federal gazette 
designate as such for the purposes of these Regulations 
“Producer” means a lessee holding an interest in an oil mining lease or 
petroleum mining lease ora 
licensee holding an interest in an oil prospecting 
licence or a petroleum prospecting licence, where such licensee carries out 
temporary test production 
; 
“Restricted Area” 
has the same meaning as the “operational area” 
“Shore Certificate” means a quantity certification that ascertains the 
final discharged quantity 
: 
“Sold in Nigeria” means where a petroleum product or natural gas — 
(a) is sold free on board in Nigeria or its territorial waters 
; 
()) is loaded or offloaded for sale within a wholesale point in Nigeria ; or 
(c) transaction emanates, occurs or is concluded in Nigeria or within 
its territorial waters 
: 
“USD” means United States Dollars 
; 
“Vessel” means ship, tanker or barge utilised 
in the transportation of 
petroleum and petroleum derivatives, petroleum liquids, liquefied natural 
gas and petroleum products 
; 
“Virtual Transportation” includes vessels, barges, trucks, 
rail 
wagons, etc 
: 
~Waste” means waste generated from hydrocarbon processing facility, 
which include residues, slop oil, sludges, rusts, etc. 
; 
“Wholesale Customer” means a class of customers with respect to — 
(a) 
natural gas, the right to contract for and purchase 
a supply of 
wholesale gas, with capability to connect individually and economically toa 
transportation pipeline or transportation network and shall include gas 
distributors ; and 
° 
(b) crude oil or petroleum products, a purchaser with annual capacity of 
500 litres or its equivalent and above 
; 
B91