Afrindustria/ Gas Gap Monitor

Library / Page | 1 MIDSTREAM AND DOWNSTREAM PETROLEUM OPERATIONS REGULATIONS, 2024

Page | 1 MIDSTREAM AND DOWNSTREAM PETROLEUM OPERATIONS REGULATIONS, 2024

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140 
Loading petroleum liquids or natural gas and its 
derivatives into a ballast tank or any other tank, 
container or receptacle of a ship or tanker other 
than as designated, dedicated and designed for 
the storage and transportation 
A penalty equal to the monetary 
value of the petroleum liquids or 
natural gas or its derivatives and 
the forfeiture of the petroleum 
liquids or natural gas and its 
derivatives to the Authority 
141 
Failure to provide information relating to Advance 
Lifting Schedule to the Authority in the manner 
prescribed 
the vessel shall be denied access 
to load 
142 
Lifts natural gas or its derivatives, crude oil or its 
derivatives, condensate, petroleum liquids, 
petroleum products, or any other form of 
petroleum liquids without a Lifting Identification 
Number 
USD$100,000.00 
143 
false declaration regarding the quantity, quality 
and capacity of a vessel in which petroleum 
liquids or natural gas or its derivatives 
10% of the undeclared quantity of 
the cargo to the Authority 
144 
alters any document or conceals information 
USD$1,000,000.00 
145 
engages in unauthorised loading, unloading and 
trans-shipment of natural gas and its derivatives, 
crude 
oil 
and 
its 
derivatives, 
condensate, 
petroleum products or any other forms of 
petroleum liquids in an unauthorised location shall 
forfeit 
the 
cargo 
and 
be 
liable 
to 
pay 
administrative penalty of 10% of the value of the 
cargo to the Authority 
 
 
PETROLEUM PIPELINES 
 
146 
A person who commits an offence under Sections 
228 or 230 of the Act in relation to a matter under 
the petroleum pipelines provisions of these 
regulations  
a) a penalty not exceeding 
than USD $2,500,000 or its 
Naira equivalent at the 
prevailing Central Bank of 
Nigeria exchange rate. 
 
b) The pipeline or any ancillary 
installation 
shall 
be 
removed and the person 
shall 
make 
good 
any 
damage done to any land 
by such removal.