Library / Extraordinary Federal Republic of Nigeria Official Gazette No. 35
Extraordinary Federal Republic of Nigeria Official Gazette No. 35

Page 5 of 17
Annual 
publication 
of the 
domestic gas 
demand 
requ irements. 
(c) the gas based industries included in the strategic sectors shall be the 
industries listed in. the Fourth Schedule to the Act and such other gas based 
industries as the Authority may from time to time include in the Fourth 
Schédule pursuant to the provisions of section 168 (5) of the Act 
: 
(a) 
the commercial sector included in the strategic sector shall consist 
of industrial and commercial activities which utilise gas as energy source 
and are energy intensive 
; and 
(e) a customer company listed in the strategic sector for which export 
marketed volume exceed the domestic marketed volume, shall not be subject 
to domestic regulated price. 
(2) 
A wholesale customer who is not included in the list of industries 
comprising the strategic sectors, but who in accordance with these Regulations 
is of the view that 
it qualifies to be included 
in the list, may apply to the 
Authority for such inclusion. 
(3) The Authority shall consider an application under subregulation (2) 
of this regulation and convey its decision to the applicant within 90 days of 
such application, and the Authority’s decision shall be final. 
5.—(1) The Authority shal! on or before 
{st March of each calendar 
year determine and publish the domestic gas demand requirements, 
in 
accordance with the First Schedute to these Repulatio 
(2) 
A producer may sell raw gas at the measurement point on a free 
market basis, provided the producer notifies the Commissivn and the Authority 
of the respective volumes and prices upon the completion of such sales. 
(3) The volumes to be sold in the strategic sector shal! be classified as 
regulated and unregulated. 
(4) The regulated domestic market applies to the wholesale customers 
of the strategic sectors, who elect to be customers of the domestic gas 
aggregator and use the escrow mechanism subject to the provisions of section 
167(7) of the Act. 
(S) The unregulated volumes shall be in accordance with sections 102(2) 
and (4), and |73(3) of the Act. 
(6) The size of the regulated and unregulated domestic market related 
to the strategic sectors shall be equal to ihe domestic gas demand requirement 
pursuant to section 173(2) of the Act, and the Authority. shall accordingly 
inform the Commission of such demand pursuant to section 173(1) of the Act. 
(7) 
In addition 
to any reporting obligations under the Act and these 
Regulations, producers, wholesale suppliers, 
gas distributors 
etailers and 
wholesale customers of marketable natural gas shall, prior 
to Ist February of 
the following year, notify the Authority of the volumes sold and prices applied 
to the preceding year based on guidelines established by the Authority.