Library / B 183 Federal Republic of Nigeria Official Gazette No. 55
B 183 Federal Republic of Nigeria Official Gazette No. 55
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B 187 S. I. No. 14 of 2023 Commence- ment PETROLEUM INDUSTRY ACT, NO. 6, 2021 MIDSTREAM AND DOWNSTREAM PENALTIES AND ENFORCEMENT MECHANISMS REGULATIONS, 2023 [14th Day of March, 2023] In exercise of the powers conferred on it by sections 33(i) and 231 of the Petroleum Industry Act, No. 6, 2021 (“Act”) and all other powers enabling it in that behalf, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (“Authority”) makes these Regulations — PART I — GENERAL PROVISIONS 1. The objectives of these Regulations are to— (a) provide a framework for the application, administration and enforcement of penalties in the midstream and doAuthority to issue guidelineswnstream petroleum operations ; and (b) provide instruments and notices for enforcement of penalties. 2. These Regulations shall apply to the administration and enforcement of penalties and sanctions in midstream and downstream petroleum operations. 3.—(1) Penalties in midstream and downstream petroleum operations shall be as prescribed in the Act and regulations made by the Authority based on the nature and impact of regulatory breaches. (2) Penalties in midstream and downstream petroleum operations may arise as a result of — (a) a failure to undertake midstream and downstream petroleum operations in a manner that ensures — (i) the safety of lives and property, (ii) safe and sustainable operations, and (iii) the protection of the environment ; (b) a failure to undertake midstream and downstream petroleum operations in accordance with the terms of a licence, permit or authorisation granted by the Authority ; (c) financial impropriety ; (d) mal-operation of facilities ; (e) unfair market practices ; (f) unlicensed operations or services ; and (g) other unlawful practices or non-compliance prescribed by the Act. Objectives Application Penalties
RegulationsPDF20232023-035