Library / Gas Pricing and Domestic Demand Regulations 2023

Gas Pricing and Domestic Demand Regulations 2023

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B 66 
“Gas Conditioning Plant” is a plant dedicated to gas conditioning 
; 
“Gas Processing” means the processing of raw gas for the purpose of 
producing marketable natural gas, natural gas liquids and plant condensates, 
including processes related to NGL removal and fractionation and includes 
plants for the extraction of ethane 
; 
“Gas Processing Plant” is a plant dedicated to gas processing 
; 
“LNG” means Liquefied Natural Gas 
; 
“Major Emerging Countries” means developing countries that are 
exporters of gas 
; 
“Marketable Natural Gas” means natural gas and its derivatives at the 
quality specified by the Authority ; 
“Mini-Grid” means an electric power grid, usually self-contained and 
not connected to the main grid, typically not larger in size than 10 MW and 
using renewable energy to a significant degree, for the purpose of providing 
electricity to customers that so far have not been connected to electricity 
or wish to enhance the reliability of power supply from the main grid 
; 
“NGL” means Natural Gas Liquids 
; 
“NLNG” means Nigerian Liquefied Natural Gas 
; 
“Power Sector” means power plants which supply electricity based on 
regulated tariffs to residential, commercial and industrial customers in a 
particular geographical area, directly or through distribution companies, and 
are connected to the main grid and are producing power primarily based on 
fossil fuels with individual plants typically exceeding a size of 
10 MW 
; 
“Producer” means a lessee holding an oil mining lease or petroleum 
mining lease or a licencee holding an oil prospecting licence or a petroleum 
prospecting licence, where such licencee carries out temporary test 
production ; 
“Raw Gas” means gas that is not marketable natural gas or gas derivative ; 
“Regulated Domestic Market” applies to the wholesale customers of 
the strategic sectors who elect to be customers of the domestic gas 
aggregator and uses escrow mechanism to the extent of section 167 of the 
Act to gas distribution 
; 
“Retail Gas Customers” are customers of marketable natural gas who 
are not lessees, wholesale customers or exporters and do not have the 
commercial capability to individually and economically connect to a gas 
transportation pipeline or gas transportation network 
; 
“Strategic Sectors” means 
in relation to marketable natural gas 
purchases, wholesale customers of the following sectors, the — 
(a) 
power sector; 
(b) gas based industries, consisting of industries using gas as feedstock 
or industrial raw material 
; and