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Midstream and Downstream Decommissioning and Abandonment, Statutory Instrument no. 35 of 2023.

Country/Territory
Nigeria
Document type
Regulation
Date
2023
Source
FAO, FAOLEX
Original source
Federal Republic of Nigeria Official Gazette no. 109 of 2023.
Subject
Waste & hazardous substances
Keyword
Business/industry/corporations Special fund Waste disposal Waste management Waste non-domestic sources Protection of environment Sustainable use EIA Environmental planning Offences/penalties Public participation Radiation Recycling/reuse Policy/planning
Geographical area
Africa, North Atlantic, Western Africa
Abstract

These Regulations, made under section 33 (y) of the Petroleum Industry Act, No. 6 of 2021, provide for: defining general rules for the establishment of Decommissioning and Abandonment Fund for midstream and downstream petroleum operations; regulating the decommissioning and abandonment activities of facilities in the Nigerian midstream and downstream petroleum industry; establishing sanctions and penalties. The Regulations apply to: establishment and administration of the Fund; decommissioning and abandonment of facilities used in midstream and downstream petroleum operations in Nigeria. The Regulations concern: drafting of the decommissioning and abandonment Plan; annual contribution to the Fund; content of the Plan and respect of environmental sustainability; requirements for waste disposal; application of waste hierarchy principle, and re-use and recycling; disposal of any radioactive material; environmental evaluation study report; requirements for public consultation and participation.

Full text
English
Website
www.nmdpra.gov.ng

References - Legislation

Implements

Petroleum Industry Act, no. 6 of 2021.

Legislation | Nigeria | 2021

Keyword: Energy conservation/energy production, Authorization/permit, Business/industry/corporations, Community management, Concession, Consumer protection, Continental shelf, Contract/agreement, Court/tribunal, Traditional rights/customary rights, Environmental standards, Exploration, Royalties/fees, Financing, Framework law, Governance, Institution, Mining, Natural gas, Offences/penalties, Oil, Ownership, Policy/planning, Procedural matters, Social protection, Transport/storage, Sustainable development, Tax/levy, Use restrictions, Standards, Protection of environment, Enforcement/compliance, Fiscal and market measures, Indigenous peoples

Source: FAO, FAOLEX