Library / Page | 1 MIDSTREAM AND DOWNSTREAM PETROLEUM OPERATIONS REGULATIONS, 2024
Page | 1 MIDSTREAM AND DOWNSTREAM PETROLEUM OPERATIONS REGULATIONS, 2024
Page 99 of 101
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
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