Afrindustria/ Gas Gap Monitor

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

Page | 1 MIDSTREAM AND DOWNSTREAM PETROLEUM OPERATIONS REGULATIONS, 2024

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Page | 59 
 
(g) provide adequate monitoring and regulatory tools for the 
Authority; 
(h) provide geographic information management system and 
satellite information processing capabilities for the development 
and monitoring of midstream and downstream petroleum 
facilities and operations; 
(i) support the use of predictive analytics and artificial intelligence 
and promote experimental research and development projects 
in the industry to optimise midstream and downstream 
petroleum activities; and 
(j) perform such other functions and responsibilities which may 
promote the development of midstream and downstream 
petroleum operations in Nigeria. 
108. (1) The sources of revenue of the Repository shall include — 
(a) transaction and service fees; 
(b) gifts in kind or cash received by the Repository from the petroleum 
industry in the support of the Repository;  
(c) funds and grants accruing from multilateral agencies, bilateral 
institutions and related sources dedicated partly or wholly for the 
development of data repositories; and 
(d) any other sum freely donated or accruing to the Repository for the 
development of the Repository. 
(2) 
Fees, charges, and revenues accruable to the Repository under this 
regulation shall be used for the operation, maintenance and 
development of the Repository. 
(3) 
The Repository may grant discounts or waivers on transaction or 
service fees to subscribers based on published and clear criteria. 
Revenue of 
the Repository 
109. (1) 
All records, including but not limited to reports, data, samples, 
fluid samples, plans, maps, charts, crude oil assay, accounts, materials 
and information which are required to be provided to the Authority under 
the Act, Regulations or any other law shall be submitted by the holder of 
a midstream and downstream licence or permit to the Repository in a 
standard and format specified by the Authority. 
(2) All data derived from project performance monitoring and cost 
benchmarking in the midstream and downstream petroleum industry shall 
be archived in the Repository. 
(3) Information required under these Regulations to be submitted to the 
Repository in relation to work done or progress of petroleum operations in 
Data 
Submission