Section 194: General duties of a petroleum liquids transportation network
The petroleum liquids transportation network operator shall exercise the rights and obligations imposed on it in a manner that best complies with the following general obligations -
a establish and make available to the public at its offices, the -
(i) procedure, terms and conditions for obtaining and terminating access and interconnection services to the transportation network, and
(ii) method of response to the request for its service;
b operate an efficient and economical transportation network for the safe and reliable conveyance of specified petroleum liquids in a manner that is designed to meet all reasonable demands for the specified petroleum liquids;
c operate a nomination and balancing mechanism and an equitable curtailment of transportation whenever technical or operational expediencies requires;
d consult with the Authority and obtain written permission prior to any modification of technical and operational rules of practice concerning the operation of its transportation network;
e ensure the development and operation of a network code and terms for access into the transportation network in collaboration with the Authority, shippers, licensees and permit holders operating essential infrastructure;
f ensure equitable and transparent open access, subject to the provisions of section 116, to the transportation network in accordance with the network code;
g manage the transportation network as a reasonable and prudent operator;
h abstain from activities, which in the opinion of the Authority may prevent, restrict or distort competition; and
i enter into agreements with transportation pipeline owners, distributors and wholesale customers for connection to, and operation of, the transportation network.
Cite this section
Section 194, PETROLEUM INDUSTRY ACT, 2021 (2021).
https://repo.podus.ai/laws/petroleum-industry-act-2021/section/194/