Library / Gas Pricing and Domestic Demand Regulations 2023
Gas Pricing and Domestic Demand Regulations 2023
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(16) Where a producer and wholesale customer, afier having been allocated the gas purchase order by the domestic gas aggregator, decide to discontinue the use of the escrow account mechanism under section 154(g) of the Act and enter into an agreement pursuant to section |10(2) of the Act. the producer and wholesale customer shall inform the domestic gas aggregator, the Commission and the Authority, and the related gas volumes shall no longer be part of the regulated domestic market and the parties shall no longer be client of the domestic gas aggregator, 12. A domestic gas aggregator shall inform a producer of the aggregate gas price determined by the domestic gas aggregator pursuant to the aggregate ol the volumes delivered to the power and commercial sectors, and gas based industries. 13.—(1) A person shall not supply natural gas to retail gas customers without a gas retail licence or a gas distribution licence. (2) Prior to the commencement of these Regulations, a person supplying natural gas to one or more retail gas customers without a licence shall, within 90 days of the commencement of these Regulations, apply to the Authority for the applicable licence. (3) The Authority shall ensure customer protection, and prevent anti- competitive behaviour and discriminatory conduct with respect to prices charged, services provided, and tariffs applied to retail gas customers by gas distributors. (4) A gas distributor shall within 90 days from the commencement of these Regulations submit to the Authority information neces of the prices charged, services provided, and tari distributor. sary for the review applied by such gas (5) The Authority shall within one year from the effective date of these Regulations, determine with respect to each gas distributor, whether the prices charged, services provided, and tarif subregulation (3) of this regulation and where such prices, services or tariffs do not comply, the Authority shall order the gas distributor to make such adjustments as required by the Authority. 14.—(1) The Authority shall, in determining whether a free market has been achieved for the power sector, commercial sector or gas based industries. make a decision based on the follow ing — (a) whether the respective sector is largely unregulated pursuant to the information contained in the information supplied pursuant to regulation 4(1) of these Regulations ; (6) whether gas delivery by pipelines or trucks are adequate to ensure liquidity and that no Monopoly or cartels are significant in the market : s applied comply with the provisions of B 63 Gas pricing for retail gas customers. Adoption of free market conditions.
RegulationsPDF20232023-0210