PETROLEUM INDUSTRY ACT, 2021

Section 188: General duties of a bulk storage licensee.

2021Section 188 of 320Federal Republic of Nigeria

The holder of a bulk petroleum liquids storage licence shall undertake the activities contemplated by the licence in a manner that best complies with the following general obligations, to
a establish and make available to the public at its offices, the
(i) procedure for obtaining third party access or open access, as provided for in the licence, throughput and terminating its services, and
(ii) method of response to the request for its service;
b procure, construct, install, operate and maintain its facilities in a safe, economical, reliable and environmentally friendly manner taking into account any strategic plans formulated by the Authority;
c shut down its facilities in emergencies and in order to carry out maintenance or in response to curtailment directives issued by the Authority;
d grant third party access to use or have access to spare capacity within its facilities for the purpose of ensuring competitive supply of crude oil and petroleum products, where the licensee operates on its own account;
e consult with the Authority and obtain written permission prior to any modification of technical and operational rules of practice concerning the operation of its facilities;
f conduct its licenced activities in a non-discriminatory manner between all classes of customers under section 116 of this Act, where the licence is for bulk storage for customers and is operated on an open access basis;
g manage its facilities as a reasonable and prudent operator; and
h abstain from activities, which in the opinion of the Authority may prevent, restrict or distort competition.

Cite this section

Section 188, PETROLEUM INDUSTRY ACT, 2021 (2021).

https://repo.podus.ai/laws/petroleum-industry-act-2021/section/188/