Section 113: Licensing Regulations.

1 The Authority shall make regulations and guidelines for the grant or renewal of licence for midstream and downstream petroleum operations.

2 The Authority shall in consultation with the Commission ensure the implementation of the domestic crude oil supply obligation and domestic gas delivery obligation.

3 The Authority shall ensure third party access to facilities and pipelines for midstream and downstream petroleum operations where such facilities and pipelines are operated for the own account of the licensee and shall ensure open access where the facilities and pipelines are operated by the licensee on an open access basis.

4 The Authority shall encourage third party investment in facilities and pipelines for midstream and downstream petroleum operations.

5 The Authority may make regulations on tariffs, which shall be consistent with the tariff methodology set out in this Act.

6 The Authority may make such other regulations consistent with the regulatory functions of the Authority under section 32 of this Act.