Section 178: Petroleum liquids midstream network code.
1 The Authority may in consultation with licensees and other stakeholders with
respect to midstream petroleum liquids operations, develop a network code governing the terms of access into facilities and infrastructure used in midstream petroleum liquids operations.
2 The network code may include the following matters -
a a connection and interconnection policy, standard terms for connection to an open access petroleum liquids transportation pipeline or petroleum liquids transportation network and a statement of the connection charging methodology;
b a mechanism by which users reserve capacity in facilities and infrastructure and at any time there is a greater demand for access than available capacity, a mechanism for allocating capacity between users;
c the nomination;
d requirements for the provision of information to the petroleum liquids transportation network operator about the volume, timing and flow-rate of injections into and withdrawals from the petroleum liquids transportation network;
e the structure of charges and the applicable tariffs charged for using the petroleum liquids transportation network;
f the balancing of crude oil, condensates or petroleum products being conveyed;
g registration arrangements;
h metering, allocation and settlement arrangements;
i governance arrangements; and
j the maintenance of a register of customers and suppliers.
3 The petroleum liquids midstream network code shall be published on the website of the Authority and physical copies shall be made available to interested persons on payment of a prescribed fee.
Cite this section
Section 178, PETROLEUM INDUSTRY ACT, 2021 (2021).
https://repo.podus.ai/laws/petroleum-industry-act-2021/section/178/