Library / Midstream and Downstream Decommissioning and Abandonment Regulations Under Section 232 and 233 of the Petroleum Industry Act (2021). DRAFT DATE: 10/06/2022
Midstream and Downstream Decommissioning and Abandonment Regulations Under Section 232 and 233 of the Petroleum Industry Act (2021). DRAFT DATE: 10/06/2022
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Midstream and Downstream Decommissioning and Abandonment Regulations Under Section 232 and 233 of the Petroleum Industry Act (2021). DRAFT DATE: 10/06/2022 General 1. These Regulations shall apply to the decommissioning and abandonment of facilities used in Midstream and Downstream petroleum operations in Nigeria, including pipelines, storage tanks, processing and other facilities under a licence saved pursuant to Section 311 (9) of the Petroleum Industry Act (the Act) and new Licences that may be granted under the Act. 2. The Authority shall issue guidelines and directives for the effective implementation of these Regulations and the decommissioning and abandonment provisions of the Act. Requirements for a decommissioning and abandonment plan 3. Midstream and Downstream petroleum operations shall be conducted in accordance with a decommissioning and abandonment plan approved by the Authority where the operations under the licence involves the construction of pipelines, storage tanks, petroleum products tank farms and jetties, processing, or other facilities. The decommissioning and abandonment plan shall comply with the requirements as provided in this regulation and the Act. 4. The requirement for a decommissioning and abandonment plan shall apply to Midstream and Downstream petroleum operations whether there is a decommissioning and abandonment plan previously approved by any approving authority before the coming into effect of this Act or by the Authority. 5. A decommissioning and abandonment plan pursuant to these regulations shall be in the form and manner prescribed by the Authority. Duty to Submit a decommissioning and abandonment plan by existing licencees 6. A licencee of an existing Midstream and Downstream petroleum operation shall within one year from the coming into effect of these regulations submit to the Authority a decommissioning and abandonment plan made pursuant to these regulations where operations under the licence involves existing pipelines, storage tanks, petroleum products tank farms and jetties, processing or other facilities in use or in the case that a decommissioning and abandonment plan already exists, an updated decommissioning and abandonment plan in accordance with these Regulations.
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