Library / Page | 1 MIDSTREAM AND DOWNSTREAM PETROLEUM OPERATIONS REGULATIONS, 2024
Page | 1 MIDSTREAM AND DOWNSTREAM PETROLEUM OPERATIONS REGULATIONS, 2024
Page 98 of 101
Page | 98 116 Commissioning any critical equipment or facility e.g. valve, compressor, pump, sampler, etc. without approval USD50,000 per equipment 117 Failure to display on operational tank in service “Tank Service”, “Date of Calibration” and “Next Due Date of Calibration” for Crude oil and Natural Gas USD100,000 per tank in service or operation 118 None display on operational tank in service “Tank Service”, “Date of Calibration” and “Next Due Date of Calibration for Petroleum Products NGN1,000,000 per tank in service or operation 119 Installation of LACT System at Export terminals or Custody transfer point without approval. USD75,000 per month. 120 Non-Compliance with frequency of calibration of measurement, dipping tape, UTI, Temperature/Pressure Gauges, Transmitters, probes etc. USD5,000 per equipment 121 Falsification of proving system calibration/meter proving reports. USD250,000 per prover/meter 122 Failure to calibrate/recertify metering system ancillary equipment (temperature & pressure gauges, transmitters etc.) USD5,000 per equipment 123 Failure to Recertify Prover Loop when due USD175,000 per annum 124 Failure to Recertify Auto sampler when due USD50,000 per annum 125 Failure to carry out statutory meter proving when due USD20,000 per meter/proving frequency in addition to any other sanctions by the Authority. 126 Procurement of critical equipment without Test NGN 5,000,000 127 Measuring petroleum at custody transfer or sales points with faulty or uncalibrated measuring equipment, Ullage Transmitting Instrument (UTI) or metering system USD 10,000 and seizure of faulty measuring instrument 128 Measuring petroleum products with faulty or uncalibrated measuring equipment or Ullage Transmitting Instrument (UTI) NGN 100,000 and seizure of faulty measuring instrument 129 Conducting a factory acceptance test or site acceptance test of any critical equipment without USD 250,000
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