Afrindustria/ Gas Gap Monitor

Library / B 117 Federal Republic of Nigeria Official Gazette No. 50

B 117 Federal Republic of Nigeria Official Gazette No. 50

Page 8 of 18

Open the PDF at page 8

B  124
10.  In these Regulations —
“Act” means the Petroleum Industry Act No. 6 2021. ;
“ADR” means Alternative Dispute Resolution ;
“ADR methods” means the ADR methods or type of ADR adopted by
the Centre and disputants for the resolution of disputes ;
“arbitration” means the procedure in which a dispute is submitted, by
agreement of the parties, to one or more arbitrators who make a final
binding decision on the dispute ;
“Authority” means the Nigerian Midstream and Downstream Petroleum
Regulatory Authority ;
“Centre” means the Midstream and Downstream Petroleum Alternative
Dispute Resolution Centre established in these Regulations ;
“conciliation” means active or passive moderation of the discussions
of the parties to a given dispute by a third party, to assist with legal and
technical aspects of the matter in question and invite the parties to reach an
arrangement that is satisfactory in terms of their interests ;
“disputant” means a person who is involved in a dispute relating to
midstream and downstream petroleum industry ;
“dispute” means any dispute or difference arising between the licensees,
permit holders and other persons under or in connection with the midstream
and downstream petroleum industry ;
“expert” means a person who is knowledgeable in the technical,
commercial or legal aspects of midstream and downstream petroleum
operations and is appointed by the Centre or disputants to resolve a dispute
between them ;
“expert determination” means determination of a dispute between
parties by an expert in midstream and downstream petroleum operations ;
“Federal High Court” has the meaning ascribed to it in the Act ;
“mediation” means a process where parties request a third party (the
mediator) to assist them in their attempt to reach an amicable settlement of
their dispute arising out of or relating to a contractual or other legal
relationship ; and
“negotiation” means the use of negotiators to settle a dispute.
11. These Regulations may be cited as the Midstream and Downstream
Petroleum Alternative Dispute Resolution Regulations, 2023.
Interpretation
Citation