PETROLEUM INDUSTRY ACT, 2021

Section 155: Establishment of the aggregator.

2021Section 155 of 320Federal Republic of Nigeria

1 The domestic gas aggregator shall be a not-for-profit company limited by guarantee
established under the Companies and Allied Matters Act. [Act No 3, 2020]

2 The company under subsection (1) shall not be a company that is controlled by licensees or lessees of upstream petroleum operations or by wholesale customers or is an affiliate of such entities, provided that ownership of the company may be by a combination of licensees or lessees, wholesale customers and other interested parties, such as licensees of gas transportation pipelines and gas transportation networks.

Cite this section

Section 155, PETROLEUM INDUSTRY ACT, 2021 (2021).

https://repo.podus.ai/laws/petroleum-industry-act-2021/section/155/