1E9Ct5D

Pursuant to the RGN, PEMEX must provide to the purchaser at least two price quotes forthe amount of natural gas sought; these prices will function as sales offers and willinclude the terms and conditions for the sale of gas. The two price quotes PEMEX mustoffer are the following:a) At the point of departure from a processing plant;b) At the delivery point or points determined by the purchaser, itemizing the chargesfor transportation and the price of the gas at the point of departure from a processingplant, as well as other services that PEMEX has provided.PEMEX has the capacity to authorize volume discounts or different contractual conditions,as long as it does not engage in any unduly discriminatory practices.260C H A P T E R X V3.1.2. Permits for the transport, storage, and distribution of natural gasIn order to engage in transport, storage, and distribution activities regarding naturalgas, a permit granted by the Energy Regulatory Commission (Comisión Reguladora deEnergía, CRE) is required. Such permits will only be granted to social sector and commercialcompanies.The RGN defines storage, transport, and distribution in the following manner:• Storage. The activity of receiving, holding in deposit, and delivering gas, where thegas is held in fixed facilities other than gas pipelines.• Distribution. The activity of receiving, pumping, delivering, and, as the case maybe, selling gas through pipelines of a given geographical zone.• Transport. The activity of receiving, pumping, and delivering gas through gaspipelines to persons who are not the final consumer located within a given geographicalzone.The commercial companies that hold transport and distribution permits must complywith the following:a) Have as their principal corporate purpose the provision of transportation services(if transporters) and distribution services (if distributors);b) Include in their corporate bylaws the obligation to maintain a minimum fixed capital,not subject to withdrawal, of 10 percent of the proposed investment in a givenproject.It is important to mention that the same person can be the holder of permits for transport,storage, and distribution, as long as such person complies with the requirementsestablished by the RGN.The permits will be valid for 30 years beginning from the date they are granted andthey can be renewed.