Library / B 2103 Federal Republic of Nigeria Official Gazette No. 205
B 2103 Federal Republic of Nigeria Official Gazette No. 205
Page 49 of 82
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
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