PETROLEUM INDUSTRY ACT, 2021

Section 193: Grant of a petroleum liquids transportation network operator licence.

2021Section 193 of 320Federal Republic of Nigeria

1 Subject to sections 111 and 174 of this Act, the Authority may upon approval of an application and payment of prescribed fees, grant and issue a qualified person a petroleum liquids transportation network operator licence authorising the conduct of activities specified in the licence, which shall include -
a conveyance of petroleum liquids through the transportation network;
b balancing the inputs and off takes from the transportation network;
c providing open access to the transportation network; and
d charging for the use of the transportation network.

2 The Authority shall grant only one petroleum liquids transportation network operator licence for specified petroleum liquids within a geographically defined area to a single network operator, provided that the authority may, at its discretion, issue licences to other parties for the operation of isolated or dedicated pipelines.

Cite this section

Section 193, PETROLEUM INDUSTRY ACT, 2021 (2021).

https://repo.podus.ai/laws/petroleum-industry-act-2021/section/193/