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

Page | 1 MIDSTREAM AND DOWNSTREAM PETROLEUM OPERATIONS REGULATIONS, 2024

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13 
Diversion of base oil 
NGN 3,000,000 per truck 
14 
Sale of base oil from a blending plant 
NGN 3,000,000 per truck 
15 
Construction of a blending plant/waste recycling 
plant/waste treatment plant/bitumen processing 
plant/petroleum-based additives facility without 
LTE 
NGN 1,000,000 
16 
Construction of a blending plant/waste recycling 
plant/waste treatment plant/bitumen processing 
plant/petroleum-based additives facility without 
LTC 
NGN 5,000,000 
17 
Third party blending by a plant owner without 
authorization 
NGN 3,000,000 
18 
Third party blending by a product owner without 
authorization 
NGN 2,000,000 
19 
Operating a lubricant filling plant without LTO 
NGN 2,000,000 per year of 
operation without a licence 
20 
Late renewal of lubricant filling plant LTO beyond 
31st March of every year. 
NGN 100,000 
21 
Procurement of critical equipment without Factory 
Acceptance Test for lubricant filling plant 
NGN 5,000,000 
22 
Construction of a lubricant filling plant without valid 
LTE 
NGN 3,000,000 
23 
Construction of lubricant filling plant without valid 
LTC 
NGN 3,000,000 
24 
Modification of a lubricant filling plant without 
authorization 
NGN 3,000,000 
25 
Operation of lubricant filling Plant without valid LTO NGN 3,000,000 
26 
Distributors operating without lubricant storage 
and sales licence 
NGN 200,000 per year