Library / Midstream and Downstream Petroleum Fees Regulations 2024
Midstream and Downstream Petroleum Fees Regulations 2024
Page 19 of 34
B 873
TABLE 10
1.
Licence to Operate Industrial
Consumer Storage Facility
2
Licence to Operate Mobile
Containerised Filling Station
(For Industrial Consumer)
NGN 75,000 for the first 20,000
litres, subsequently each
additional 20,000 litres attract
NGN 10,000
NGN 1,000,000
J
INDUSTRIAL PETROLEUM PRODUCTS STORAGE AND UTILISATION
Activity
Application Fee
Processing
Fee
NGN 50,000
NGN 500,000
TABLE 9
1.
Licence to Establish
2
Licence to Construct
3.
Licence To Operate (LTO) (New and
Renewal)
4.
Approval To Modify
USD 20,000 for capacities up to
50,000 BBL
USD 50,000 for capacities greater
than 50,000 BBL
USD 5,000 for capacities up to
50,000 BBL
USD 10,000 for capacities greater
than 50,000 BBL
USD 10,000
USD 10,000
I
BULK PETROLEUM LIQUID STORAGE (excluding petroleum products)
Activity
Application Fee
Processing
Fee
USD 2,000
USD 2,000
USD 2,000
N/A
TABLE 11
1.
Licence to Establish
2.
Licence to Construct/Install
3.
Licence to Operate (New/Renewal)
NGN 100,000
N/A
NGN 200, 000
N/A
NGN 550,000
N/A
K
INDUSTRIAL GAS STORAGE AND UTILISATION
Activity
Application Fee
Processing
Fee
RegulationsPDF20242024-1119