Library / Natural Gas Pipeline Tariff Regulations Draft: June 10th, 2022 Objective 1. The objective of these Regulations is to establish the tariff methodologies and tariffs for
Natural Gas Pipeline Tariff Regulations Draft: June 10th, 2022 Objective 1. The objective of these Regulations is to establish the tariff methodologies and tariffs for
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5 “fuel gas” means all natural gas used for or consumed in the operation and maintenance of the pipeline, including compressor station fuel and fuel used for other utility purposes, together with line losses and other unaccounted-for losses of natural gas incurred in such operations which are within tolerances permitted under the gas transportation agreements. “good engineering practice” means the exercise of that degree of skill, diligence, prudence, foresight and operating practice which would reasonably and ordinarily be expected from a skilled and experienced operator in accordance with internationally acceptable industry standards and recognised good practice applicable to high pressure natural gas pipelines. “new gas transportation pipeline” means a pipeline for which an applicable licence was issued under section 135 of the Act on or after the effective dated of the Act. “operator” means a company that has received a licence from the Authority to operate a gas transportation pipeline or gas transportation network. “reserved capacity” means transportation capacity in the pipeline which is reserved by a shipper under a gas transportation agreement for transportation of natural gas from a particular receipt point to a particular delivery point, on the basis of a firm commitment by the operator to transport such quantities of natural gas and a firm commitment by the shipper to pay the reservation charge for that transportation capacity whether or not it is used. “shipper” means a person, who enters into a gas transportation agreement with the operator in such form as may be required by the operator pursuant to the Nigerian Gas Transportation Network Code. Short title 15. These Regulations may be cited as the Natural Gas Pipeline Tariff Regulations.
Pricing & TariffsPDF5