Library / Page | 1 MIDSTREAM AND DOWNSTREAM PETROLEUM OPERATIONS REGULATIONS, 2024
Page | 1 MIDSTREAM AND DOWNSTREAM PETROLEUM OPERATIONS REGULATIONS, 2024
Page 45 of 101
Page | 45 (c) provisions for environmental and social sustainability; and (d) payment of prescribed fees. (3) A licence to establish a terminal or bulk storage facility shall – (a) specify the provisional deemed coordinates of the terminal or bulk storage facility; and (b) be valid for 36 months and may be subject to revalidation for a further term of 12 months on terms and conditions specified by the Authority. 75. (1) An application to construct a terminal or bulk storage facility shall be made in the manner prescribed in guidelines issued by the Authority. (2) The Authority may grant a licence to construct a terminal or bulk storage facility upon satisfactory evaluation of submissions and payment of prescribed fees. (3) The design, construction, and operation of a terminal or bulk storage facility shall be in accordance with the standards and recommended practices approved by the Authority. (4) The design of a terminal and bulk storage facility shall be subjected to technical and safety reviews with the participation of - (a) the Authority; and (b) third-party moderators for specific safety studies as required. (5) All major equipment and critical systems or units shall be subjected to integrity inspections, functional tests and integrity tests with the participation of the Authority. Application for licence to construct 76. (1) An application to operate a terminal or bulk storage facility shall be made in the manner prescribed in guidelines issued by the Authority. (2) Prior to issuance of licence to operate, every terminal or bulk storage facility shall be subjected to — (a) pre-commissioning and commissioning verification checks; (b) physical inspection to ascertain conformity to approved design; and (c) ascertainment of operating envelope, throughput, and facility reliability. Application for licence to operate
RegulationsPDF45