Section 129: Grant of a Gas Processing Licence.

1 Subject to sections 111 and 125 of this Act, the Authority may upon approval of an application and payment of prescribed fees, grant and issue a qualified person a gas processing licence, which shall permit the person to install and operate the following facilities, on its own account or on the basis of open access for customers as stipulated in the licence—
a gas conditioning plants, to condition natural gas removing CO2, H2S or other impurities;
b gas processing plants, to produce ethane, propane, butane, other natural gas liquids and marketable natural gas;
c gas to liquids plants;
d liquefied natural gas (LNG) plants;
e ethane extraction plants; and
f other plants, which in the opinion of the Authority, require a gas processing licence.

2 The Authority shall, in considering an application for a gas processing licence, take into account the economic case for the specific facility as provided under subsection (1), including the potential demand for its use.