Afrindustria/ Gas Gap Monitor

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

Page | 1 MIDSTREAM AND DOWNSTREAM PETROLEUM OPERATIONS REGULATIONS, 2024

Page 87 of 101

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Page | 87 
 
"sampling system" means a system for the collection of sample from the 
fluid flowing in a pipe;  
“SCF” means standard cubic feet 
“SCM” means standard cubic meters; 
“Shore Certificate” means a quantity certification that ascertains the final 
discharged quantity; 
"site acceptance test" means a test that is done on an equipment at the 
place of operation during commissioning;  
“Sold in Nigeria” means where a petroleum product or natural gas- 
a) is sold free on board in Nigeria; or 
b) is loaded or offloaded for sale within a wholesale point in 
Nigeria; or 
c) transaction emanates, occurs or is concluded in Nigeria or 
within its territorial waters; 
“Sparing philosophy” means the concept for providing additional 
equipment in parallel on working and standby modes to ensure a facility 
or plant continues to operate whenever the equipment fails 
“start-up” means the act of starting a process, an equipment, system or a 
plant or facility; 
“strategic operational reason” means consideration to certain operations 
but not limited to relieving devices, blow down, facility start up and 
testing; 
“takeover” means a transfer or purchase of the shares of a publicly listed 
company by a person which gives the person control over management 
and affairs of the company; 
“Technical and safety reviews” means studies conducted to address 
adequacy of plant configuration and design safety 
“Technology adaptation” means process for the adoption of a new, novel 
or unidentified technology, method or system through technical 
verification 
“terminal” has the same meaning ascribed to it in the Act; 
“testing” means the act of examining or validating the integrity of an 
equipment, system or a facility during operation;