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

Page 70 of 82
B  2172
“start-up” means the act of starting a process, an equipment, system or a
plant or facility;
“strategic operational reason” means consideration to certain operations
including relieving devices, blow down, facility start up and testing;
“supplier” has the same meaning ascribed to it in the Act and shall include
a lessee, producer, gas aggregator, crude oil refiner or importer of petroleum
products;
“technical and safety studies or review” means studies conducted to address
adequacy of plant configuration and design safety;
“technology adaptation” means a process for the adoption of new
technology, method or system through technical verification;
“terminal” has the same meaning ascribed to it in the Act;
“testing” means the act of examining or validating the integrity or
functionality of an equipment, system or a facility during operation;
“traceability” means the quality of a measurement result to be linked to a
reference standard through an unbroken chain of calibrations;
“topping” means any further loading of petroleum in any available space
on the ship, tanker or vessel after loading the nominated quantity of petroleum
at any designated terminal;
“transferee” means an assignee or the proposed new holder of the licence
or permit;
“transferor” means the assignor or current holder of a licence or permit
prior to the Authority’s approval of an assignment or transfer of a licence or
permit;
“uncertainty” means an interval of value within which the true value is
believed to lie within a stated probability;
“uncommitted capacity” means the difference between the approved nominal
capacity and prevailing operating capacity where such difference is sustained
for not less than three consecutive months;
“USD” means United States Dollars;
“vehicle” means specialised rail wagons, articulated tankers or trucks used
for the conveyance of petroleum liquids or natural gas and its derivatives;
“venting” means releasing of hydrocarbons or substances into the
atmosphere from a midstream gas processing facility;
“verification” means the provision of evidence that a given process or
equipment conforms to a specified requirement;
“vessel” means a ship, tanker, barge, boat utilised for transportation and
distribution of petroleum liquids or natural gas and its derivatives, security
patrol, fast crew, fast support intervention, platform supply or support, offshore
supply, anchor handling (tug supply or towing supply), dive support, jackup
barge, multipurpose support, field installation, or any other water vehicle utilised
in midstream and downstream petroleum operations;
“virtual transportation” means the utilisation of vessels and vehicles for
the transportation and delivery of petroleum liquids and natural gas products
as an alternative to traditional pipelines;