PETROLEUM INDUSTRY ACT, 2021

Section 173: Domestic gas demand requirement.

2021Section 173 of 320Federal Republic of Nigeria

1 The Authority shall, prior to the 1st of March of each calendar year, determine the
domestic gas demand requirement and inform the Commission of this requirement.

2 Subject to subsection (3), the domestic gas demand requirement shall be the total amount of marketable natural gas required for all wholesale customers of the strategic sectors.

3 Each wholesale customer of the strategic sectors shall have the right to negotiate its own supply contracts directly with lessees or suppliers and where the wholesale customer is of the view that the contracts are satisfactory for its requirements, it shall inform the -
a Authority that there is no need to be a customer client of the domestic gas aggregator; and
b Commission of the lessees from which the required marketable natural gas has been obtained.

Cite this section

Section 173, PETROLEUM INDUSTRY ACT, 2021 (2021).

https://repo.podus.ai/laws/petroleum-industry-act-2021/section/173/