Section 142: Grant of a Wholesale Gas Supply 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 wholesale gas supply licence to a qualified person.
2 A company who is a lessee producing natural gas is a qualified person for the purpose of subsection (1) and shall be entitled to apply for and be issued with a wholesale gas supply licence by the Authority.
3 A wholesale gas supply licence authorises the supplier to—
a purchase natural gas directly from any lessee or third party; and
b sell and deliver wholesale gas to wholesale customers and gas distributors at any location in Nigeria.
Cite this section
Section 142, PETROLEUM INDUSTRY ACT, 2021 (2021).
https://repo.podus.ai/laws/petroleum-industry-act-2021/section/142/