Afrindustria/ Gas Gap Monitor

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

Page | 1 MIDSTREAM AND DOWNSTREAM PETROLEUM OPERATIONS REGULATIONS, 2024

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Page | 99 
 
authorisation and witnessing by officers of the 
Authority 
130 
Installation or tampering with dispensing pump or 
loading gantry without authorisation. 
NGN 500,000 per pump 
 
131 
Introduction of dead woods, capillary tube or 
false bottom in crude oil storage tanks 
USD25,000 per storage greater 
than or equal to 500 barrels 
 
HYDROCARBON PROCESSING PLANTS 
 
132 
Non-compliance with Hydrocarbons Processing 
Plants provisions 
USD250,000 
 
ASSIGNMENT AND TRANSFER  
 
133 
Non-compliance with Assignment and Transfer 
provisions (for midstream processing facilities, 
installations, terminals and pipelines)  
USD100,000 or its equivalent in 
Naira per licence or permit 
 
134 
Non-compliance with Assignment and Transfer 
provisions (for blending facilities and petroleum 
product storage facilities) 
USD50,000 or its equivalent in 
Naira per licence or permit  
135 
Non-compliance with Assignment and Transfer 
provisions (for oil and gas retail outlets)   
NGN2,000,000.00 per licence or 
permit  
 
SEPARATION OF LICENCED ACTIVITIES & SURRENDER 
OF LICENCE OR PERMIT 
 
136 
Non-compliance with Separation of Licenced 
Activities and Surrender of Licence or Permit 
provisions  
NGN250,000.00 for each day of 
such default 
 
CODE OF CONDUCT 
 
137 
Non-compliance with Code of Conduct provisions NGN250,000.00 for each day of 
such default 
 
REGISTRATION AND PUBLICATION OF LICENCES, 
PERMITS AND AUTHORISATIONS 
 
138 
Non-compliance with Registration and Publication 
of Licences, Permits and Authorisations provisions 
Not exceeding NGN250,000.00  
 
PETROLEUM TRANSPORTATNTION AND SHIPMENT 
 
139 
Topping without due authorisation from the 
Authority 
forfeit the cargo to the Authority 
and pay administrative penalty of 
10% of the value of the entire 
cargo to the Authority