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COMMERCIAL LICENSE REQUIREMENTS

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Wholesale Gas Supply License Requirements                                                                                                                  May 2023 
 
 
shall be based on commissions received on all transactions taking place on 
the exchange.  
TABLE II  
S/N 
Particulars 
Amount (USD) 
1 
Annual Administrative Charges 
 
To be paid by the Gas 
Exchange 
a) 100,000 or 20% of the exchange 
commission on value of transaction, 
excluding taxes, during the relevant 
financial year, whichever is higher ;and 
(b) 20% of the application or renewal 
fee, paid by members of the exchange, 
excluding taxes, during the relevant 
financial year. 
2. 
To be paid by the Clearing 
House 
50,000 or 20% of the commission, excluding 
taxes, during the relevant financial year, 
whichever is higher