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Library / B 827 Federal Republic of Nigeria Official Gazette No. 109

B 827 Federal Republic of Nigeria Official Gazette No. 109

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B  844
33.  In these Regulations —
“abandonment”, means the non-operation of a licenced midstream
facility for a period not less than five years ;
“Act” means Petroleum Industry Act, No. 6, 2021 ;
“assignor” means a license or permit holder who assigns or transfers
its licence or permit to another person known as the assignee ;
“Authority” means the Nigerian Midstream and Downstream Petroleum
Regulatory Authority (NMDPRA) ;
“decommissioning and abandonment” means the approved process
of cessation of operations of crude oil, installations, plants and structures,
including shutting down an installation operations and production, total or
partial removal of installations and structures where applicable, chemicals
and other such material handling, removal and disposal of debris and removed
items, environmental restoration of the area after removal of installations,
plants and structures ;
“facility” means a factory, plant, installation, structure, utility, pipeline,
processing plant, petroleum products tank farm or other facilities, for
production, manufacturing, transportation, distribution and storage of
petroleum, petroleum liquids, natural gas, petrochemicals, industrial
chemicals, precursors, and other derivatives from crude oil or natural gas ;
“processing plant” means a facility for the chemical conversion,
upgrade, or treatment of crude oil, natural gas and intermediate hydrocarbons
to other higher value products through the use of catalysts, additives, or
other physical means of separation at defined compositions, temperatures
and pressures ;
“transferor” means any licence or permit holder who relinquishes his
ownership of a licence or permit to another person called a transferee ; and
“USD” means the United States Dollars.
34.  These Regulations may be cited as the Midstream and Downstream
Decommissioning and Abandonment Regulations, 2023.
Made at Abuja this 10th day of May, 2023.
ENGR. FAROUK AHMED
Authority Chief Executive
Nigerian Midstream and Downstream
Petroleum Regulatory Authority
Interpretation
Citation