Library / PETROLEUM INDUSTRY ACT, NO. 6, 2021 MIDSTREAM AND DOWNSTREAM PETROLEUM PREVENTION OF ANTICOMPETITIVE PRACTICES AND BEHAVIOUR REGULATIONS, 2026 ARRANGEMENT OF REGULATIONS

PETROLEUM INDUSTRY ACT, NO. 6, 2021 MIDSTREAM AND DOWNSTREAM PETROLEUM PREVENTION OF ANTICOMPETITIVE PRACTICES AND BEHAVIOUR REGULATIONS, 2026 ARRANGEMENT OF REGULATIONS

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    (b) Disclosure strictly necessary to safeguard rights of defence of other 
parties; or 
    (c) Information-sharing with the FCCPC or other authorities, consistent with 
applicable confidentiality protocols. 
 
 
D. Conditions and Revocation 
 
6. 
This Conditional Leniency Letter does not constitute a final grant 
of immunity or fine reduction. Final benefits shall be determined upon 
conclusion of the investigation and issuance of the Authority’s decision. 
 
7. 
The Authority reserves the right to revoke conditional leniency 
status where the Applicant: 
    (a) Fails to comply with cooperation obligations; 
    (b) Provides false, misleading, or incomplete information; 
    (c) Continues to engage in the prohibited conduct; or 
    (d) Breaches confidentiality requirements. 
 
 
E. Next Steps 
 
8. 
The Applicant must, within [14] days of receipt of this Letter, 
confirm acceptance of the obligations set out herein by returning a duly 
signed copy of this Letter to the Authority. 
 
 
For and on behalf of the Authority 
 
 
Name: ____________________ 
Title: _____________________ 
Nigerian Midstream and Downstream Petroleum Regulatory Authority 
 
 
Acknowledgement by Applicant 
 
I/We, the undersigned, acknowledge receipt of this Conditional Leniency 
Letter and confirm acceptance of the obligations and conditions contained 
herein. 
 
Signed: ____________________ 
Name: ____________________ 
Position: __________________ 
Date: ____________________ 
 
 
 
Schedule 4(F): Final Leniency Decision Template