WEST AFRICAN GAS PIPELINE PROJECT ACT

Section 1: Local incorporation of the West African Gas Pipeline Company, shippers, buyers and other persons etc.

2005Section 1 of 42Federal Republic of Nigeria

(1) The West African Gas Pipeline Company (in this Act referred to as "the Company") shall-
(a) perform the functions required to be performed by it under the terms of the International Project Agreement in its own right; and
(b) not be required to incorporate a subsidiary in Nigeria or conduct its operations in Nigeria through a subsidiary by reason only of-
(i) the grant or exercise of the project rights or the project authorizations;
(ii) the establishment in Nigeria of a place of business for the purpose of the Project;or
(iii) the implementation of the Project.
(2) Any shipper or buyer in Nigeria, in its own right, may-
(a) acquire natural gas for transmission through the Pipeline System; or
(b) contract with the Company to transport natural gas through the Pipeline System; or
(c) contract with another person to transport natural gas through other pipeline facilities to the Pipeline System,
and shall not be required to incorporate or act through a subsidiary in Nigeria by reason only of that acquisition or transmission.
(3) Any person in Nigeria either on its own behalf or on behalf of another person, in his or its own right, may-
(a) offer for sale, promote the sale of, or sell natural gas to be transported through the
Pipeline System; or
(b) deliver gas through the Pipeline system;
and shall not be required to incorporate or act through a subsidiary in Nigeria by reason only of that activity.

Cite this section

Section 1, WEST AFRICAN GAS PIPELINE PROJECT ACT (2005).

https://repo.podus.ai/laws/west-african-gas-pipeline-project-act/section/1/