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

Page 6 of 17
6.—(1) The Authority shall, prior to 
Ist February of each calendar year, 
collate information on available spare capacity ofall gas conditioning plants, gas 
processing plants. gas transportation pipelines and gas transportation networks as 
of 31st December of the preceding year, and inform the Commission accordi: 
(2) The Authority 
shall inform the Commission of anticipated spare 
capacity on or before 31st December of the current year and make a rolling 
forecast of anticipated spare capacity for the subsequent five calendar years 
based on anticipated investments, in order to expand or create new canacity 
related to 
s 
pipelines and gas transportation networks under expansion or cons 
approved for expansion or construction by the Authority. 
is conditioning plants, gas processing plants, gas transportation 
ruction, or 
7.—(1) 
The pricing classification for natural gas markets in Nigeria 
shall be in accordance with the Second Schedule to these Regulations. 
(2) Regulated pri 
the regulated domestic market as provided for under regulation 5(3) of these 
Regulations. 
ces shall only relate to marketable natural gas sold in 
(3) 
Sales of raw gas by 
a producer or ficencee of a gas conditioning 
plant, shall be at unregulated prices and shall be either fiee 
: 
transfer prices. 
(4) 
Unregulated prices for marketable natural gas shall include free 
market prices and transfer prices. 
(5) 
Unregulated free market prices for marketable natural gas shall 
apply to — 
; 
(ct) sales to wholesale customers of the strategic sectors who are not 
customers of the domestic gas aggregator 
: 
(b) wholesale customers of sectors, other than the strategic sectors 
; 
(c) independent gas retailers 
: 
(/) gas distributors 
; 
(v) 
exporters ; 
(7) 
lessees 
: and 
(g) wholesale gas suppliers. 
8.—(1) The domestic base price shall be based on export parity price, 
and any adjustment to the price shall be based on energy content in the gas, 
provided that producers may supply the domestic mar 
et at lower prices. 
2) 
The 
ostic 
rice 
s 
i 
i 
(2) 
The domestic base price shall be determined by the Authority on Ist 
April of each year and shall be the lower of the —— 
(a) export parity price 
; or 
(/) domestic gas supply price. 
arket prices or 
B59 
Spare 
capacity 
of 
supporting 
infrastructure. 
Gas pricing 
classification. 
Domestic 
base price.