Section 83: Confidentiality.
1 A licensee or lessee shall for each petroleum prospecting licence or petroleum mining lease provide a yearly summary of royalties, fees, taxes, profit oil shares and other payments to Government within six months after each calendar year to the Commission and the Minister of Finance through the Accountant-General of the Federation and in case of joint ventures, where an operator makes payments to Government, the operator shall provide the required information and where individual holders of the licence or lease make such payment, the individual holders shall be responsible for providing the information and where consolidation applies on a consolidated basis.
2 The Commission shall define the required detail and classification of the summary under subsection (1) and the summaries shall be non-confldential and published on the website of the Commission.
3 The text of any existing contract, licence or lease and any amendment or side letter with NNPC shall—
a not be confidential;
b be published on the website of the Commission within one year after the effective date; and
c be provided to the Commission by a contractor of NNPC, licensee or lessee within one year after the effective date.
4 A contractor, licensee or lessee who does not or partially provides the Commission with the required information referred to in subsection (3), within the stipulated time contravenes the provisions of this Act and is liable to an administrative penalty of the sum of US $10,000 for every day the default subsists.
5 The text of any new licence, lease or contract or amendment to it shall not be confidential and shall be published by the Commission immediately following the granting or signing of such texts.
6 A licensee or lessee who obtained geological, geophysical, geochemical and other technical petroleum data during upstream petroleum operations as determined by the Commission shall immediately provide the data to the National Data Repository of the Commission.
7 The data referred to in subsection (6) shall not be confidential, except for—
a trade secrets and proprietary information and other information as approved by the Commission;
b the earlier of a period of five years or the period until the relinquishment date of the licence area under section 88(1) and (2), with respect to exploration data including exploration and appraisal wells and geophysical surveys;
c 10 years for specific surveys carried out under section 71(6) of this Act; and
d such other information for such periods as determined in the National Data Repository Regulations, provided, however, that information related to development wells and oil and gas field production related data shall not be confidential.
8 Data in the National Data Repository of the Commission shall be accessible to any interested person under such terms as may be determined by the Commission, provided, however, that the respective fees required for making non-confidential data available shall not exceed the reasonable cost of copying any data and a minimal hourly payment for the use of work stations.
Cite this section
Section 83, PETROLEUM INDUSTRY ACT, 2021 (2021).
https://repo.podus.ai/laws/petroleum-industry-act-2021/section/83/