Library / Page | 1 MIDSTREAM AND DOWNSTREAM PETROLEUM OPERATIONS REGULATIONS, 2024
Page | 1 MIDSTREAM AND DOWNSTREAM PETROLEUM OPERATIONS REGULATIONS, 2024
Page 15 of 101
Page | 15 (r) the selection, design, construction, installation, and operation of metering facilities; (s) wholesale gas supply operations which shall be conducted at wholesale points; (t) retail gas supply operations; (u) industrial gas storage and utilisation for own use and not for sale to customers, which shall include gas stored and utilised by ministries, departments, and agencies of the federal, state, and local governments for their own use; (v) industrial natural gas liquids and plant condensate storage and utilisation for own use and not for sale to customers, which shall include natural gas liquids and plant condensate stored and utilised by ministries, departments, and agencies of the federal, state, and local governments for their own use; (w) domestic gas aggregation; (x) wholesale gas trading and settlement operations; (y) coastal vessel gas operations; (z) the introduction of hydrocarbons into midstream gas facilities; (aa) technology adaptation for gas facilities; (bb) importation and exportation of natural gas, natural gas liquids and gas derivatives; (cc) open access and third party access operations; (dd) carbon capture, storage and utilisation; (ee) carbon credits trading and (ff) any other activities as may be prescribed in Regulations made by the Authority. (2) An application for a licence, permit or authorisation to conduct natural gas and gas operations shall be in accordance with the Act, and Regulations or guidelines made by the Authority 9 (1) From the commencement of these Regulations, a gas import or export terminal shall not be operated without to a licence granted by the Authority; Import and export of natural gas or its derivatives
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