Library / Page | 1 MIDSTREAM AND DOWNSTREAM PETROLEUM OPERATIONS REGULATIONS, 2024
Page | 1 MIDSTREAM AND DOWNSTREAM PETROLEUM OPERATIONS REGULATIONS, 2024
Page 12 of 101
Page | 12 (f) ensure that every operation or procedure is carried out by qualified and competent personnel, and adequate systems are put in place to determine and approve qualified personnel for each operation and procedure; (g) ensure the availability of critical spare parts for equipment in compliance with the requirements and directives of the Authority; (h) ensure that the facility’s landscaping, surroundings, and environment are well maintained at all times and kept in good condition; and (i) ensure that the facility is free of items, which may constitute hindrance to evacuation or escape of personnel in the event of a fire, leak or spill. 6. The Authority may direct a person to provide information or data on any midstream and downstream operations and the person shall comply with the directive in the prescribed manner within the timeframe stipulated in the direction. Duty to Provide Information 7. (1) In accordance with the Act there shall be a levy of 0.5% of wholesale price of petroleum products sold in Nigeria paid to the Authority, which shall be collected from wholesale customers at wholesale points for - (a) imported petroleum products sold in Nigeria; and (b) petroleum products processed and sold in Nigeria. (2) In accordance with the Act there shall be a levy of 0.5% of wholesale price of petroleum products and natural gas sold in Nigeria paid to the Midstream and Downstream Gas Infrastructure Fund which shall be collected from wholesale customers at wholesale points for - (a) imported petroleum products and natural gas sold in Nigeria; and (b) petroleum products and natural gas processed and sold in Nigeria. (3) The levy stipulated in sub-regulation (1) of this regulation shall Payment to the Authority Fund and the Midstream and Downstream Gas Infrastructure Fund
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