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

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74. Application for licence to establish 
75. Application for licence to construct 
76. Application for licence to operate 
77. Export operations and open access 
78. Determination of quantity and quality of petroleum products 
79. Bulk storage 
 
CHAPTER 6 – ASSIGNMENT, TRANSFER OR SURRENDER OF LICENCE OR PERMIT 
80. Prohibition of assignment or transfer of licence or permit without the 
consent of the Authority 
81. Nature of assignment or transfer of licence or permit  
82. Change of name 
83. Notification of intention to assign or transfer a licence or permit 
84. Application for assignment or transfer of licence by the transferee 
85. Grant of consent to assign or transfer 
 
CHAPTER 7 – SEPARATION OF LICENSED ACTIVITIES AND SURRENDER OF LICENCE OR 
PERMIT 
86. Prohibition of Overlapping Activities 
87. Separate Accounting & Annual Audit 
88. Power to Order Unbundling of Activities 
89. Surrender of Licence or Permit 
90. Obligations and Consequences upon Surrender 
91. Publication of Surrender 
 
CHAPTER 8 – CODE OF CONDUCT 
92. Appointment of a member of the Board 
93. Appointment of managing director/chief executive officer 
94. Business conduct and ethics 
95. Stakeholder communication 
96. Submission of annual reports 
 
CHAPTER 9 – REGISTRATION AND PUBLICATION OF LICENCES, PERMITS AND 
AUTHORISATIONS 
97. Authority to establish and maintain registers 
98. Duties of the Secretary and Legal Adviser of the Authority 
99. Procedure for registration of licences, permits and authorisations 
100. Contents of register 
101. Error in registers 
102. Deletion from registers 
103. Public access to the registers 
104. Certified true copy 
105. Duty to notify the Authority of changes 
 
CHAPTER 10 – DATA REPOSITORY 
106. Establishment of the Midstream and Downstream Petroleum Data 
Repository 
107. Functions of the Repository