Library / B 2103 Federal Republic of Nigeria Official Gazette No. 205
B 2103 Federal Republic of Nigeria Official Gazette No. 205
Page 65 of 82
B 2167 “critical equipment” means any equipment which if taken out of service, may endanger life or lead to a malfunctioning or a shut-down of the facility or part of it; “critical systems” mean any system which if taken out of service may endanger life or lead to a malfunctioning or a shut-down of, the hydrocarbon refining facility or part of it; ‘‘CRS’’ means Coordinate Reference System; “crude oil” has the meaning ascribed to it in the Act; “crude oil refining” means the processing or separation of crude oil into products to meet market quality or specification; “custody transfer” means change in ownership or responsibility in the control of petroleum liquids or natural gas or its derivatives within and across upstream, midstream and downstream, irrespective of whether the custody transfer is within the same parent company or not; “data” includes reports, operations data, samples, fluid samples, plans, maps, charts, crude oil assay, accounts, materials and any other information which are required to be provided to the Authority under the Act, regulations made pursuant to the Act or any other law; “declared emergency” means a state of emergency resulting from a danger or threat of danger to a midstream or downstream facilities as determined by the Authority; “derivatives” means products obtained from processing of crude oil, natural gas or other hydrocarbons; “detector switch” means a device that indicates the passage of a displacer in a prover; “Disposal Committee” means the Committee established by the Authority Chief Executive for coordinating the disposal of confiscated materials and equipment; “distribution pipeline” has the same meaning ascribed to it in the Act ; ‘‘DPK’’ means dual purpose kerosene; “dynamic measurement” means measurement under a flowing condition using meters; “entity” means any company, firm or individual holding or seeking a licence or permit in the midstream and downstream petroleum industry; “Environmental Management Plan” means a plan outlining measures for the monitoring and mitigation of health, environmental and safety matters in the development and operation of a midstream or downstream petroleum facility; “factory acceptance test” means a test that is carried out at the fabrication shop or test yard on an equipment before shipment into the country or site; “feedstock shrinkage” means the loss of feedstock during delivery or transfer; “fiscal metering” means metering carried out in connection with the purchase and sale of petroleum, petroleum liquids, natural gas or its derivatives, for the calculation of revenue, levies, taxes and royalties;
RegulationsPDF20252025-1265