Section 21 of PNGRB Act : Section 21: Right Of First Use, Etc
PNGRB Act
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Explanation using Example
Imagine a company, 'FastFuel Corp.', has built a pipeline to transport petroleum from their refinery to various distribution centers across the country. According to Section 21(1) of The Petroleum and Natural Gas Regulatory Board Act, 2006, FastFuel Corp. has the right to use the pipeline first for their own requirements. Once their needs are met, the remaining capacity of the pipeline must be made available to other companies. The allocation of this remaining capacity is determined by...
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