Library / Page 1 of 7 MIDSTREAM AND DOWNSTREAM PETROLEUM THIRD-PARTY ACCESS AND OPEN ACCESS REGULATIONS, 2023
Page 1 of 7 MIDSTREAM AND DOWNSTREAM PETROLEUM THIRD-PARTY ACCESS AND OPEN ACCESS REGULATIONS, 2023
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Page 4 of 7 3. A licensee with significant market power in the Nigerian midstream and downstream petroleum industry shall be obligated to- (a) provide Third Party access to its facilities, subject to the provisions of these Regulations and any Guidelines that may be issued by the Authority; and (b) adhere to the Open Access provisions of the Act, ensuring Third Party access to its facilities and services in a non-discriminatory and transparent manner. Obligation to Provide Third-Party Access 4. (1) A Third-Party seeking access to the facility of a licensee shall submit a written application to the Authority, providing details which include- (a) relevant information about the facility to be accessed; (b) the type of services required; and (c) the intended purpose of access. (2) Upon receipt of a complete application from the Third-Party, the Authority shall within 30 days afterwards, through written notice, cause the licensee and the Third-Party to engage in a transparent and good faith negotiations to determine the terms and conditions of access. (3) The negotiations between the licensee and the Third-Party shall cover matters which include- (a) technical specifications; (b) operational procedures; (c) safety standards; and (d) the financial terms of the access. (4) The licensee and the Third-Party shall finalise the access agreement not later than 60 days upon receipt of the notice to commence negotiation from the Authority. Application for Third-Party Access 5. (1) A licensee with significant market power in the Nigerian midstream and downstream petroleum industry, not later than 60 days after the commencement of these Regulations, shall submit to the Authority the proposed tariffs for Third-Party access for review and approval. (2) The tariffs, among other things, shall- Tariff for Third-Party Access
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