Library / Page | 1 MIDSTREAM AND DOWNSTREAM PETROLEUM OPERATIONS REGULATIONS, 2024
Page | 1 MIDSTREAM AND DOWNSTREAM PETROLEUM OPERATIONS REGULATIONS, 2024
Page 34 of 101
Page | 34 to such reasonable time as may be determined by the Authority. (6) If the Authority is not satisfied with the application, the Authority shall not approve the application and notify the applicant in writing of its decision and the reasons for the refusal. The Authority shall give the applicant an opportunity to modify and resubmit the application. (7) Where the applicant has had an opportunity to modify and resubmit application under sub regulation (6) of this regulation, and the Authority is still not satisfied with the application, the Authority shall notify the applicant of its decision to refuse the application. (8) During the review of the application, the Authority may conduct a public hearing where stakeholders and owners of land in the right of way may present opinions or objections to the Authority. (9) Where the consent of a third party is required prior to the grant of the licence the Authority shall issue a notice to the third party specifying- (a) the details of the application of the licence; (b) the time frame for the third party to respond; and (c) that where there is no response from the third party within the specified timeframe, such consent shall be deemed granted. (10) A licence to establish granted pursuant to these Regulations shall be valid for two (2) years and subject to the terms and conditions stipulated by the Authority and the provisions of Section 115(1) of the Act. (11) The holder of the licence to establish shall provide to the Authority regular activity reports and information obtained during the survey activities. 50. (1) The Authority shall, within ninety (90) days after the application for licence to establish has been submitted by the applicant, notify the applicant in writing of its decision. (2) Where the Authority declines an application for licence to establish, it shall state the reasons thereof. (3) Where the Authority does not respond within the ninety (90) days, the application shall be deemed approved. Licence to Establish Approval Timelines 51. (1) The Authority may upon application made not later than one month to the expiration of a licence to establish and the payment of prescribed fees, revalidate a licence to establish provided that the Licence to Establish Revalidation
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