How was PBPA established and what is its legal framework?
The legal framework relevant for the Petroleum Bulk Procurement System is derived from, among others the National Energy Policy of 2015 and, the following legal instruments:
(a) The Petroleum Act, CAP. 392; GN No. 21 of 2015
(b) The Petroleum (General) Regulations, 2013;
(c) The Petroleum (Bulk Procurement), Regulations 2017 GN No. 198 of 2017;
(d) The Environment Management Act, CAP. 119 of 2004
(e) The Energy and Water Utilities Regulatory Authority Act, CAP. 414;
(f) Weights and Measures Act, CAP.340 (R.E.2002);
(g) Standard’s Act, Act No. 2 of 2009;
(h) Customs Laws;
(i) International Commercial Terms (Incoterms)are key instruments to the implementation to BPS;
(j) The National Energy Policy of 2015;
(k) Petroleum products specifications; and
(l) Any other relevant laws.