PETROLEUM INDUSTRY ACT, 2021

Section 142: Grant of a Wholesale Gas Supply Licence.

2021Section 142 of 320Federal Republic of Nigeria

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/