PETROLEUM INDUSTRY ACT, 2021

Section 195: Powers of a petroleum liquids transportation network operator.

2021Section 195 of 320Federal Republic of Nigeria

Subject to this Act, the Authority may grant the following special powers or authority to a petroleum liquids transportation network operator to facilitate the conduct of its licenced activities -
a the power to request and obtain from shippers information required to operate the nominations and balancing mechanism to operate the network or to facilitate competition;
b the right to recover, on the basis of an invoice, expenses reasonably incurred in undertaking its licenced activities, subject to any conditions imposed by the Authority with respect to the level and structure of its charges; and
c to purchase petroleum liquids for its own operations for purposes such as testing and commissioning of facilities, compression purposes and line fill.

Cite this section

Section 195, PETROLEUM INDUSTRY ACT, 2021 (2021).

https://repo.podus.ai/laws/petroleum-industry-act-2021/section/195/