Library / Page | 1 MIDSTREAM AND DOWNSTREAM PETROLEUM OPERATIONS REGULATIONS, 2024
Page | 1 MIDSTREAM AND DOWNSTREAM PETROLEUM OPERATIONS REGULATIONS, 2024
Page 46 of 101
Page | 46 (3) The Authority shall, upon satisfactory evaluation of submissions, ascertainment of facility reliability and integrity, and payment of prescribed fees – (a) grant a terminal establishment order stating the final deemed coordinates of the facility; and (b) grant a licence to operate the terminal or bulk storage facility. 77. (1) A bulk storage facility shall not be used for the export or import of petroleum liquids or natural gas or its derivatives without the approval of the Authority. (2) Petroleum liquids or natural gas or its derivatives shall not be exported from a terminal or bulk storage facility without the following authorisations issued by the Authority — (a) valid certificate of quantity and quality; and (b) wholesale supply licence. (3) The holder of a licence to operate a terminal or bulk storage facility shall — (a) establish and make available to the public on its website or at its offices, the — (i) procedure and terms for obtaining third party access or throughput services on an open access basis, and (ii) method of response to the request for its services; (b) construct, operate and maintain its facilities in a safe, economical, reliable, and environmentally sustainable manner considering any strategic plans formulated by the Authority; (c) shut down its facilities in — (i) emergencies, (ii) order to carry out maintenance, or (iii) accordance with curtailment directives issued by the Authority; (d) where the licensee operates for its own account, grant to third parties the right to use or have access to capacity within its facilities for the purpose of ensuring competitive gas supply; (e) consult with and obtain from the Authority written permission, prior to any modification of technical and operational rule of practice concerning the operation of its facilities; (f) conduct its licenced activities in a non-discriminatory manner where the licence is issued on an open access basis; (g) manage its facilities as a reasonable and prudent operator; Export operations and open access
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