Our Mandate

FUNCTIONS

Regulate and monitor midstream and downstream operations in Nigeria.
Determine appropriate tariff methodology.
Set cost benchmarks for midstream and downstream operations.
Advise the Government and stakeholders on commercial matters relating tariff and pricing framework.
Regulate the bulk storage, distribution, marketing, transportation pipelines of petroleum products.
Monitor and enforce compliance with the terms and conditions of licenses, permits, and authorizations issued by the authority.
Set, define, and enforce approved standards and regulations for design, construction, fabrication, operation, maintenance of plants, installations, and facilities used or to be used in midstream and downstream petroleum operations.
Ensure security of supply, development of the market and competition in the natural gas and petroleum products market.
Establish customer protection measures in accordance with the provisions of the enabling Act.
Promote competition and private sector participation in midstream and downstream petroleum operations.

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