Library / Midstream and Downstream Petroleum Operations Regulations 2025
Midstream and Downstream Petroleum Operations Regulations 2025
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B 2111 S. I. No. 79 of 2025 Commence- ment PETROLEUM INDUSTRY ACT, NO. 6, 2021 MIDSTREAM AND DOWNSTREAM PETROLEUM OPERATIONS REGULATIONS, 2025 [7th Day of July, 2025] In the exercise of the powers conferred on it by section 33 of the Petroleum Industry Act, No. 6, 2021 (“the Act”) and all other powers enabling it in that behalf, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (“the Authority”), makes these Regulations — PART I — MIDSTREAM AND DOWNSTREAM PETROLEUM OPERATIONS 1. The objectives of these Regulations are to — (a) regulate the operations of companies and entities in the Nigerian midstream and downstream petroleum sector; (b) provide the procedure for the grant of licences, permits, authorisations and payment of fees for midstream and downstream petroleum operations; (c) regulate activities for the transportation, storage, lifting, discharge, shipment and export of natural gas or its derivatives and petroleum liquids in Nigeria; (d) provide for the regulation and accurate measurement and allocation of natural gas or its derivatives and petroleum liquids; (e) determine the basis for calculating revenue accruing to government, licensees, contractors and other parties in midstream and downstream petroleum operations; (f ) provide for the licensing, construction and operation of pipelines for natural gas, petroleum liquids and other process fluids within the Nigerian midstream and downstream petroleum industry; (g) regulate the establishment, construction and operations of hydrocarbon refining and processing facilities, terminals and bulk storage facilities in the Nigerian midstream and downstream petroleum industry; (h) establish a procedure for the assignment, transfer or surrender of a licence or permit by a licensee or permit holder; (i) set out the procedure for the separation of licensed activities in the Nigerian midstream and downstream petroleum industry; (j) outline industry-specific codes of conduct and corporate governance standards for companies in the Nigerian midstream and downstream petroleum industry; (k) provide for the registration of licences, permits and authorisations; (l) establish the midstream and downstream petroleum data repository in the Authority, and provide the procedure for the submission, collection and management of data in the Repository; Objectives
RegulationsPDF20252025-129