Section 154: Functions of the domestic gas aggregator.
The domestic gas aggregator shall -
a support the implementation of the domestic gas delivery obligation;
b implement a natural gas management model, through which the demand and supply of natural gas for use in the strategic sectors shall be monitored;
c operate a nomination and balancing mechanism for equitable curtailment of natural gas deliveries in cooperation with the Authority, whenever demand and supply expediencies require;
d ensure transparency of dealing between natural gas suppliers and wholesale customers of the strategic sectors;
e conduct its operations in a business-like and transparent manner and shall not engage in any anti-competitive behaviour and practices;
f abstain from activities, which in the opinion of the Authority may prevent, restrict or distort competition;
g establish an escrow account into which customer clients shall contribute their payments for the marketable natural gas received and from which the domestic gas aggregator shall pay the producer clients for their supplies of natural gas under this Act; and
h do other things as are necessary or incidental to the carrying out of its functions and duties under this Act.
Cite this section
Section 154, PETROLEUM INDUSTRY ACT, 2021 (2021).
https://repo.podus.ai/laws/petroleum-industry-act-2021/section/154/