1. (a) The authority may take title to SNG under the terms of the purchase contract to which the authority is a party.
2. (b) The commission shall allocate on an annual basis SNG purchased by the authority to the retail end use customers of a regulated energy utility based on the proportion of the amount of gas delivered by the regulated energy utility to the total amount of gas delivered by all regulated energy utilities in the immediately preceding calendar year.
3. (c) SNG is considered sold by the authority when the SNG is delivered to retail end use customers.
4. (d) The authority has the right to sell SNG to third parties instead of retail end use customers if the authority determines that sales to third parties are necessary and appropriate to manage the delivery of SNG to retail end use customers.

As added by P.L.2-2009, SEC.2.