Library / B 827 Federal Republic of Nigeria Official Gazette No. 109

B 827 Federal Republic of Nigeria Official Gazette No. 109

Page 5 of 18

Open the PDF at page 5

B 831
S. I. No. 35 of 2023
Commence-
ment
PETROLEUM INDUSTRY ACT, NO. 6, 2021
MIDSTREAM AND DOWNSTREAM DECOMMISSIONING AND
ABANDONMENT REGULATIONS, 2023
[10th Day of May, 2023]
In exercise of the powers conferred on it by sections 33 (y) of the Petroleum Industry
Act, No. 6, 2021 (“Act”) and all other powers enabling it in that behalf, the Nigerian
Midstream and Downstream Petroleum Regulatory Authority (“Authority”)  makes
these Regulations —
PART I — OBJECTIVES AND APPLICATION
1. The objectives of these Regulations are to —
(a)  set out the general rules for the establishment of Decommissioning
and Abandonment Fund (Fund) for midstream and downstream petroleum
operations ;
(b)  regulate the decommissioning and abandonment activities of facilities
in the Nigerian midstream and downstream petroleum industry ;
(c) provide requirements for administration of the Fund ; and
(d) provide sanctions and penalties for failure to comply with these
Regulations.
2.—(1) These Regulations shall apply to the —
(a)  establishment and administration of the Fund ; and
(b)  decommissioning and abandonment of facilities used in midstream
and downstream petroleum operations in Nigeria.
(2)   A facility undertaking midstream petroleum operations shall contribute
to the Fund.
(3) The Authority may by notice designate a downstream facility which
shall contribute to the Fund.
PART II — REQUIREMENTS FOR A DECOMMISSIONING AND ABANDONMENT PLAN
3. Midstream and downstream petroleum decommissioning and
abandonment operations shall be conducted in accordance with a
Decommissioning and Abandonment Plan (“Plan”) approved by the Authority
in compliance with these Regulations and the Act.
4.  The requirement for a Plan shall apply to midstream and downstream
petroleum operations whether or not a Plan was previously approved by any
approving authority before the commencement of the Act.
Objectives
Application
Decommi-
ssioning and
Abandonment
Plan
Pre-existing
Plan