PETROLEUM INDUSTRY ACT, 2021

Section 146: Grant of Retail Gas Supply Licence.

2021Section 146 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 qualified person a retail gas supply licence authorising the holder to—
a sell or retail compressed or liquefied marketable natural gas to customers based on being a wholesale customer or third party access to gas distribution systems of gas distributors; and
b establish, construct and operate facilities to deliver compressed natural gas and small scale facilities for LNG, not requiring a gas processing licence, for transportation by truck, railcar or marine vessel to customers in compressed or liquefied form, including customers using LNG as marine bunker fuel.

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 retail gas supply licence by the Authority.

3 A retail gas supply licence authorises the gas retailer, to—
a purchase marketable natural gas directly from a lessee, wholesale gas supplier or third party on a free market basis; and
b sell and deliver compressed or LNG to customers at any location in Nigeria on a free market basis.

Cite this section

Section 146, PETROLEUM INDUSTRY ACT, 2021 (2021).

https://repo.podus.ai/laws/petroleum-industry-act-2021/section/146/