Singapore legislation

Clause 29

of Energy Transition Measures and Other Amendments Bill

Clause 29

Amendment of section 9

In the Gas Act, in section 9, after subsection (7), insert —“(8) Without limiting subsection (1) or (7), a gas importer’s licence (central import) may include conditions —

(a)

requiring the gas importer to obtain (by import or otherwise) gas for use by any prescribed generation entity from sources that are specified in such condition or are of a description so specified, except insofar as the Authority consents otherwise;

(b)

requiring any arrangement under which the gas importer obtains (by import or otherwise) such gas —

(i)

to be for a maximum or minimum period —

(A)

specified in such condition, except insofar as the Authority consents otherwise; or

(B)

as may be approved by the Authority;

(ii)

to be for an amount of gas —

(A)

that is specified in such condition or determined in the manner or method specified in the condition, except insofar as the Authority consents otherwise; or

(B)

as may be approved by the Authority; and

(iii)

to include or not include the terms that are specified in such condition or are of a description so specified, except insofar as the Authority consents otherwise, or to be on such terms as may be approved by the Authority;

(c)

requiring the gas importer to include or not include in its contract to provide gas to any person (whether or not a prescribed generation entity) any terms that are specified in the condition or of a description so specified, except insofar as the Authority consents otherwise, but not any term or condition prescribed under section 103(2)(ka) of the Electricity Act 2001;

(d)

without limiting paragraph (c), pertaining to the prices to be charged by the gas importer for gas provided by it to any person, and the methods by which such charges are determined;

(e)

without limiting paragraphs (a) to (d), requiring the gas importer to obtain the prior approval of the Authority to enter into any contract, and for any modification, or renewal or extension, of any contract entered into by it —

(i)

to obtain gas (by import or otherwise); or

(ii)

to provide gas to a prescribed generation entity or any other person (for the purpose of generating electricity or otherwise);

(f)

requiring the gas importer to maintain a national stockpile of gas; and

(g)

requiring the gas importer to have in place procedures to be followed in the event of a public emergency (including the manner of distribution of gas out of the national stockpile of gas), and for the procedures to be approved by the Authority.(9) The reference in subsection (8)(e) to a modification, or renewal or extension, of a contract includes a modification, renewal or extension made on or after the date of commencement of section 29 of the Energy Transition Measures and Other Amendments Act 2024, to a contract entered into before that date.”.

Read in full context — Energy Transition Measures and Other Amendments Bill →