PETROLEUM INDUSTRY ACT, 2021

Section 196: Conditions applicable to a petroleum liquids transportation network operator licence.

2021Section 196 of 320Federal Republic of Nigeria

1 In addition to such conditions as may be imposed by the Authority under section
114 of this Act, a petroleum liquids transportation network operator licence may include an obligation to develop market rules in accordance with the provisions of this Act.

2 A petroleum liquids transportation network operator may be owner of any or all of the petroleum liquids transportation pipelines in the petroleum liquids transportation network.

3 Where third parties are owners of certain petroleum liquids transportation pipelines in the petroleum liquids transportation network, the owners shall be paid by petroleum liquids transportation network operator the tariffs determined for nonoperating owners of the pipelines.

4 A petroleum liquids transportation network operator shall not misuse its monopoly position in the geographical area to charge franchise or other access charges for providing access to the petroleum liquids transport network other than the charges specifically permitted under this Act and its regulations.

Cite this section

Section 196, PETROLEUM INDUSTRY ACT, 2021 (2021).

https://repo.podus.ai/laws/petroleum-industry-act-2021/section/196/