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

Page 85 of 101
 
 
Page | 85 
 
“Petroleum Derivatives” means products derived from the processing or 
blending of petroleum or petroleum products including lubricants; 
“Petroleum Liquids” has the meaning ascribed to it in the Act; 
“Petroleum Liquids Export and Import” means facilities for importing or 
exporting petroleum liquid or petroleum products or other derivatives such 
as petroleum liquid or petroleum product terminal, jetties etc.; 
“Petroleum Liquids Retailing Operations and Infrastructure” means 
facilities or infrastructures for storage and sales of petroleum products such 
as petroleum products retailing outlets, mobile skids, or infrastructures; 
“Petroleum Liquids Transportation and Distribution Facilities” includes 
interconnected hydrocarbon oil transportation and distribution facilities 
for movement of petroleum liquid or petroleum products such pipeline, 
barges, truck, rails, and other means; 
“Petroleum Products” has the meaning ascribed to it in the Act; 
“Petroleum Products Offtake” means purchase of bulk petroleum 
products for the purpose of export, reselling, retailing or distribution; 
“Pipeline” has the meaning ascribed to it in the Act; 
 
“Pipeline Licence” means any licence for which gives a licensee access 
to the right of way for construction, operation, and maintenance of a 
pipeline. 
“planned maintenance” means prescribed maintenance either routine or 
stipulated; 
“Precursors” means chemical that is transformed into another compound 
through further processing 
“Prescribed Port “ means any port which the officer of the Ministry 
responsible for matters relating to ports may by notice in the federal 
gazette designate as such for the purposes of these Regulations; 
“Proceeds” means monies made from the sale of confiscated materials 
and equipment less expenses; 
“Producer” means a lessee holding an interest in an oil mining lease or 
petroleum mining lease or a licensee holding an interest in an oil 
prospecting licence or a petroleum prospecting licence, where such 
licensee carries out temporary test production;