Afrindustria/ Gas Gap Monitor

Library / Midstream and Downstream Petroleum Operations Regulations 2025

Midstream and Downstream Petroleum Operations Regulations 2025

Page 49 of 82

Open the PDF at page 49

B 2151
(i)  support the use of predictive analytics and artificial intelligence and
promote experimental research and development projects in the industry to
optimise midstream and downstream petroleum activities; and
(j)  perform such other functions and responsibilities which may promote
the development of midstream and downstream petroleum operations in Nigeria.
110.—(1) The sources of revenue of the Repository shall include —
(a)  fees charged by the Repository for services rendered;
(b)  gifts in kind or cash received from the petroleum industry in support
of the Repository;
(c)  funds and grants accruing from multilateral agencies, bilateral institutions
and related sources dedicated to the development of data repositories; and
(d)  any other sum freely donated or accruing to the Repository for the
development of the Repository.
(2) The Repository may grant discounts or waivers on fees to subscribers
based on published and clear criteria.
111.—(1) Records, including reports, data, samples, fluid samples, plans,
maps, charts, crude oil assay, accounts, materials and information which are
required to be provided to the Authority under the Act, regulations or any other law
shall be submitted by the holder of a midstream and downstream petroleum licence
or permit to the Repository in a standard and format specified by the Authority.
(2) Data derived from project performance monitoring and cost
benchmarking in the midstream and downstream petroleum industry shall be
archived in the Repository.
(3) Information required under these Regulations to be submitted to the
Repository in relation to work done or progress of petroleum operations in the
relevant area shall not be withheld on the grounds that the information is
confidential or interpretational.
(4)  The submission of records by a licensee or permit holder to the Authority
in the specified format shall be a discharge of its obligations to submit data to the
Authority under the Act and regulations made pursuant to the Act.
(5)  Records required to be provided to the Repository under the Act or
these Regulations shall be provided by the licensee or permit holder at no cost to
the Authority.
(6)  The Repository shall charge fees for the storage and handling of fluid
samples at designated storage facilities.
112.  Information submitted to the Repository by a licensee or permit
holder shall, except as otherwise provided by these Regulations, be treated by
public officers and other authorities entitled to the information as confidential,
provided that, no information shall be regarded as confidential, immediately after
the expiration of the period  determined by the Authority.
Revenue
of  the
Repository
Data
submission
Data
confidentiality
period