Library / Page | 1 MIDSTREAM AND DOWNSTREAM PETROLEUM OPERATIONS REGULATIONS, 2024
Page | 1 MIDSTREAM AND DOWNSTREAM PETROLEUM OPERATIONS REGULATIONS, 2024
Page 47 of 101
Page | 47 (h) abstain from activities, which in the opinion of the Authority may prevent, restrict, or distort competition; (i) conduct its licenced activities safely and reliably in compliance with any health and safety regulations issued by Authority; (j) comply with the requirements for environmental protection, management, and restoration issued by the Authority and any law in effect; and (k) mark, maintain and secure the boundaries of its facilities and associated infrastructure constructed under the terms of its licence and any law in effect. (4) The volumes of petroleum liquids or natural gas or its derivatives to be exported from a bulk storage facility under sub-regulation (2) must be within the approved quantity in the wholesale supply licence issued to a lessee or producer supplying petroleum liquids or natural gas or its derivatives to the bulk storage facility. 78. (1) A licensee or permit holder shall not operate a terminal or bulk storage facility without — (a) certified measurement system; and (b) accredited laboratory. (2) The Authority shall approve all measurement systems and laboratories prior to use for determination of quantity and quality at terminals and bulk storage facilities. Determination of quantity and quality of petroleum products 79. (1) The loading or unloading of petroleum liquids or natural gas or its derivatives shall not be carried out within a licenced bulk storage facility without authorisation by the Authority. (2) A bulk storage facility or terminal shall not be used for products export and import without appropriate approval or permit from the Authority. (3) All petroleum liquids or natural gas or its derivatives for export from depot facilities must be sourced only from refineries, gas processing and petrochemical plants licensed by the Authority. (4) Petroleum liquids or natural gas or its derivatives shall not be exported from a bulk storage facility or terminal without valid certificate of quantity and quality and the relevant wholesale supply licence issued by the Authority. Bulk storage
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