Library / Applicable to all Oil & Gas Operators PROCEDURE GUIDE FOR THE GRANT OF PERMIT/APPROVAL/LICENSE FOR LUBE OIL BLENDING/WASTE OIL RECYCLING PLANT Code: DPR Guide 0021 - 2020
Applicable to all Oil & Gas Operators PROCEDURE GUIDE FOR THE GRANT OF PERMIT/APPROVAL/LICENSE FOR LUBE OIL BLENDING/WASTE OIL RECYCLING PLANT Code: DPR Guide 0021 - 2020
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Applicable to all Oil & Gas Operators PROCEDURE GUIDE FOR THE GRANT OF PERMIT/APPROVAL/LICENSE FOR LUBE OIL BLENDING/WASTE OIL RECYCLING PLANT Code: DPR Guide 0021 - 2020 Revision Date: 2nd October 2020 This is a property of the Department of Petroleum Resources. All rights reserved 16 ii. Each Base Oil Off-Take License holder shall be required to submit quarterly reports of previous base oil activities for the purpose of reconciliation, indicating: a. Name of base Oil owner/importer b. Quantity of base oil received from the importer. c. Date of receipt d. Storage depot e. Base oil distribution list indicating customers name, date of transaction, depot of loading, quantity loaded, truck number, waybill number and exact destination address. f. Every unreconciled base oil will be treated as base oil diversion 11. QUARTERLY RECONCILIATION At the end of every quarter, there shall be quarterly reconciliation of base oil import, sold and lubricant production from a plant by the Department. For this reason, every base oil importer, licensed base oil off-taker and licensed lube oil blending plant operator will be required to submit reports of base oil distribution and plant activities detailing information on: i. Base oil receipt indicating sources, grades, quantities ii. Base oil Distribution iii. Lubricants production indicating the grades, the quantities and distribution. At the end of every successful reconciliation, the Director/CEO, Department of Petroleum Resources will issue a clearance letter which will form one of the basis for issuing plant licenses, base oil off-take licenses and base oil import permit by the Department. Every unreconciled base oil will be considered as base oil diversion/ sales of base oil from the blending plant and shall attract a fine of three million naira only (N 3,000,000.00) and in addition, the operator may be suspended from future base oil sales or importation.
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