Library / Gas Pricing and Domestic Demand Regulations 2023

Gas Pricing and Domestic Demand Regulations 2023

Page 2 of 17

PETROLEUM INDUSTRY ACT, NO. 
6, 2021 
GAS PRICING AND DOMESTIC DEMAND REGULATIONS, 2023 
ARRANGEMENT 
OF 
REGULATIONS 
Regulation 
: 
1. 
Objectives. 
2. 
Application. 
3. 
Quality specifications of marketable natural gas. 
4, 
Determination of the strategic sectors. 
5. 
Annual publication of the domestic gas demand requirements. 
6. 
Spare capacity of supporting infrastructure. 
7. 
Gas pricing classification. 
. 
8. 
Domestic base price. 
9. 
Average international gas price. 
10. 
Feed gas prices. 
Il. 
Domestic gas aggregation. 
12. 
Aggregate gas price. 
13. 
Gas pricing for retail gas custoniers. 
14. 
Adoption of free market conditions. 
15. 
Requirement to provide information. 
16. 
Offences and penalties. 
; 
17. 
Revocation, savings and transitional provisions.. 
18. 
Interpretation. 
19. 
Citation. 
SCHEDULES 
on 
n