ACCOUNT INFORMATION FOR VARIOUS NUPRC PAYMENTS, OPERATIONS, AND SERVICES.

S/NPayment DescriptionDesignated Account For PaymentAccount NoDesignated Bank/Swift Code/Aba Code & BeneficiaryBank Draft
1(a) Royalty on Oil (US$)
(b) Royalty on Condensates (US$)
(c) Royalty on Modify Carry Agreement (MCA) (US$)
Central Bank of Nigeria (CBN) Joint Venture Royalty802906875BANK NAME: JP Morgan Chase Bank,
New York, USA
SWIFT CODE: CHASUS 33
ABA CODE: 021000021
BENEFICIARY: Federation Account with CBN
Not Applicable
2(a) Royalty on Gas Sales (US$)

(b) Royalty on Gas Sales (NGN ₦)
(c) Royalty on Natural Gas Liquids Sales (US$)
Central Bank of Nigeria (CBN) Gas Royalty

Account Name (₦) - Gas Sales Royalty

Banker : CBN, Abuja
802906891

Naira Account : 0020150961018
BANK NAME: JP Morgan Chase Bank,
New York, USA
SWIFT CODE: CHASUS 33
ABA CODE: 021000021
BENEFICIARY: Federation Account with CBN
Not Applicable
3Royalty on Production Sharing Contract (US$)Central Bank of Nigeria (CBN) PSC Royalty802906883BANK NAME: JP Morgan Chase Bank,
New York, USA
SWIFT CODE: CHASUS 33
ABA CODE: 021000021
BENEFICIARY: Federation Account with CBN
Not Applicable
4Gas Flared Penalty (US$)Central Bank of Nigeria (CBN) Gas Flared Penalty802906909BANK NAME: JP Morgan Chase Bank,
New York, USA
SWIFT CODE: CHASUS 33
ABA CODE: 021000021
BENEFICIARY: Federation Account with CBN
Not Applicable
5(a) Concession Rentals US$ (OPL & OML)
(b) Renewal of Lease US$ (OPL & OML)
(c) Conversion of OPL to OML US$
(d) Assignment of Interests US$
(e) Consent for Acquisition of Pioneer Natural Resources US$
CBN/Accountant General/FGN 802906917 BANK NAME: JP Morgan Chase Bank,
New York, USA
SWIFT CODE: CHASUS 33
ABA CODE: 021000021
BENEFICIARY: Federation Account with CBN
Not Applicable
6(a) Application to Establish Refinery US$
(b) Application to Establish Gas Plant US$
(c) Application to Establish Fertilizer Plant US$
(d) Application to Operate Gas Plant US$
(e) Application to Expand Gas Plant US$
(f) Application for LNG Plant US$
(g) LNG Train Project US$
Central Bank of Nigeria (CBN)Miscellaneous Oil Revenue 802906925BANK NAME: JP Morgan Chase Bank,
New York, USA
SWIFT CODE: CHASUS 33
ABA CODE: 021000021
BENEFICIARY: Federation Account with CBN
Not Applicable
7(a) Bunkering
Central Bank of Nigeria (CBN)Miscellaneous Oil Revenue 802906925BANK NAME: JP Morgan Chase Bank,
New York, USA
SWIFT CODE: CHASUS 33
ABA CODE: 021000021
BENEFICIARY: Federation Account with CBN
Not Applicable
(b) Oil industry Service Company Permits (All Categories) FGN (NUPRC Fees Account) No.3000023072 Not Applicable
8Fines/ Penalties/ Contraventions US$Central Bank of Nigeria (CBN)Miscellaneous Oil Revenue 802906925BANK NAME: JP Morgan Chase Bank,
New York, USA
SWIFT CODE: CHASUS 33
ABA CODE: 021000021
BENEFICIARY: Federation Account with CBN
Not Applicable
9Bid Round Fees
(a) Application Fees US$
Central Bank of Nigeria (CBN) Independent Revenue Account400939134BANK NAME: JP Morgan Chase Bank,
New York, USA
SWIFT CODE: CHASUS 33
ABA CODE: 021000021
BENEFICIARY: Federation Account with CBN
Not Applicable
(b) Processing Fees
(c) Data Leasing / Evaluation Report Fees
NUPRC NPD MoU Fund Account261520003952BANK NAME: Citi Bank
SWIFT CODE: CITIUS33
ABA CODE: 021000089
BENEFICIARY: Diamond Bank Plc
Not Applicable
10Signature BonusCentral Bank of Nigeria (CBN) Accountant-General FGN 400225220BANK NAME: JP Morgan Chase Bank,
New York, USA
SWIFT CODE: CHASUS 33
ABA CODE: 021000021
BENEFICIARY: Federation Account with CBN
Not Applicable
11FGN/NUPRCCommission From
Speculative Data Companies:
MABON/VERITAS/PGS/TATNET
Central Bank of Nigeria (CBN) FGN Independent Revenue Account400939134BANK NAME: JP Morgan Chase Bank,
New York, USA
SWIFT CODE: CHASUS 33
ABA CODE: 021000021
BENEFICIARY: Federation Account with CBN
Not Applicable

PETROLEUM (DRILLING AND PRODUCTION) (AMENDMENT) REGULATIONS, 2019

LIST OF AFFECTED DOLLARISED ITEMS

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Remitters should always ensure to:

a) Notify NUPRC before making payments into the offshore accounts and;

b) Subsequently notify NUPRC with copies of the payment receipts, forwarded to EC, ER & SP, NUPRC  7, Sylvester Ugoh Street, Jabi, Abuja FCT

For companies on regular payment schedule such as Royalty and Ground rent, the payments can be made normally and the advice also forwarded to EC, ER & SP, NUPRC