Library / Extraordinary Federal Republic of Nigeria Official Gazette No. 33

Extraordinary Federal Republic of Nigeria Official Gazette No. 33

Page 17 of 17

B 36 
26. 
| Installation or tampering with dispensi 
Per pump 
NGN 500.000 
pump or loading gantry without authorisati 
27. 
| Introduction of dead woods, capillary tube 
| 
Per storag: 
USD25,000 
or false bottom in crude oil storage tanks. 
greater than 
orequal to 500 
barrels. 
Mane at Abuja this 9th day of February, 2023. 
Enar. Farouk AlmMED 
Authority Chief Executive 
Nigerian Midstream and Downstream Petroleum 
Regulatory Authority 
Explanatory Novi 
(This Note does not form part of the ubove Act 
but 
is intended to explain its purport) 
These Regulations seeks to regulate and ensure accurate measurement and allocation of 
natural gas or its derivatives, crude oil or its derivatives, condensate, petroleum liquids, 
petroleum products or any other form of petroleum liquids 
; determine the basis for calculating 
revenue accruing to government, licensees, contractors and other parties in midstream and 
downstream petroleum operations ; and provide sanctions and penalties for failure to comply 
with these Regulations.