Section 147: General Duties of Gas Retailer.
In addition to conditions the Authority may impose under section 114 of this Act or that may be prescribed by regulation, a retail gas supply licence shall be deemed to be granted subject to the duty of the holder to—
(a) develop and maintain a safe, efficient, reliable and economical service for the retailing of marketable natural gas;
(b) carry on its business in a manner that shall promote competition and avoid monopoly in the natural gas market in Nigeria;
(c) construct, operate and maintain its gas compression and liquefaction facilities in a safe, economical, and reliable manner taking into account any strategic plans formulated by the Authority;
(d) shut down its gas compression and liquefaction facilities in emergencies in order to carry out maintenance or respond to curtailment directives issued by the Authority;
(e) conduct its activities in a safe and reliable standard in compliance with prescribed environmental, health and safety-related regulations issued under this or any other Act;
(f) publish the prices to be charged and to be paid by a person to whom the gas retailer sells natural gas in a manner to ensure adequate publicity unless the Authority direct otherwise; and
(g) comply with customer protection measures set out in sections 164, 165 and 166 of this Act.
Cite this section
Section 147, PETROLEUM INDUSTRY ACT, 2021 (2021).
https://repo.podus.ai/laws/petroleum-industry-act-2021/section/147/