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(1) The Commission may on an application grant to the applicant a licence operate as a bulk transporter of petroleum products-

(a) through pipeline systems;

(b) by barges;

(c) by rail tanker wagons;

(d) by road vehicle; or

(e) by any other means the Commission may determine.

(2) A licence under subsection (1) shall be subject to such conditions as the Commission shall determine and shall include a condition that -

(a) the licensee enters into an agreement to provide services to its customers without discrimination; and

(b) the charges for the bulk transportation of petroleum products under subsection (1) (a),(b) and

(c) shall be subject to the approval of the Public Utilities Regulatory Commission.