Library / Page | 1 MIDSTREAM AND DOWNSTREAM PETROLEUM OPERATIONS REGULATIONS, 2024
Page | 1 MIDSTREAM AND DOWNSTREAM PETROLEUM OPERATIONS REGULATIONS, 2024
Page 97 of 101
Page | 97 100 Under dispensing of Autogas plant NGN200,000 101 Modification and Upgrade without approval NGN200,000 102 Operating CNG Compression facilities without LTO NGN1,750,000 103 Construction of CNG facilities without LTC NGN5,000,000 104 Failure to conduct recertification exercise when due USD 5,000 per equipment PETROLEUM MEASUREMENT 105 Engagement of non-Authority accredited contractors for fabrication, construction, calibration, testing etc. of any critical equipment or facility. USD250,000 per facility. In addition, suspension of not more than 1 year 106 Using unapproved tanks for storage of hydrocarbons without approval. USD5,000 per tank 107 Using unapproved tanks for storage or changing tank petroleum products without approval. NGN1,000,000 per tank 108 Modification, alteration, upgrade, etc. of LACT or measurement System (Export) without Authority authorisation. USD250,000 per LACT System 109 Modification, repair, alteration of surface or underground hydrocarbon storage tanks without approval USD25,000 (for crude oil tanks) per storage greater than or equal to 500 barrels 110 Installation, modification, repair, alteration of surface or underground petroleum products storage tanks without approval NGN1,000,000 per storage tank 111 Failure to allow Authority representatives witness outturn verification at the port of discharge. USD250,000 per loaded vessel or shipment 112 Failure to apply the Authority methodology for determination and allocation of crude oil losses Monetary equivalent of 30% of the total loss volume allocated at the prevailing oil price in USD per facility 113 Failure to apply approved new base prover volume and meter factor from proving USD250,000 per loading. 114 Non-compliance with installation/tampering with Authority Locking Device (sea line Valves) on export pipeline USD100,000 per terminal 115 Tampering with metering systems or ancillary equipment without approval USD2,000,000 per meter
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