Page:United States Statutes at Large Volume 107 Part 2.djvu/761

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PUBLIC LAW 103-160—NOV. 30, 1993 107 STAT. 1711 of the vessel to a homeport in the United States (or a territory of the United States) begin any work for the overhaul, repair, or maintenance of the vessel that is scheduled to he for a period of more than six months.". SEC. 825. ADDITIONAL AUTHORITY TO CONTRACT FOR FUEL STOR- AGE AND MANAGEMENT. (a) REVISION OF AUTHORITY. — Section 2388 of title 10, United States Code, is amended— (1) by striking out subsections (a) and (b) and inserting in lieu thereof the following: "(a) AUTHORITY TO CONTRACT. —The Secretary of Defense and the Secretary of a military department may each contract for storage facilities for, or the storage, handling, or distribution of, liquid fuels and natural gas. "(b) PERIOD OF CONTRACT. —The period of a contract entered into under subsection (a) may not exceed 5 years. However, the contract may provide options for the Secretary to renew the contract for additional periods of not more than 5 years each, but not for more than a total of 20 years."; and (2) in subsection (c), by inserting "OPTION To PURCHASE FACILITY.— " after "(c)". (b) SECTION HEADING AMENDMENT. —The heading of section 2388 of such title is amended to read as follows:

  • '§2388. Liquid fuels and natural gas: contracts for storage,

handling, or distributiGn**. SEC. 826. ADDITIONAL AUTHORITY RELATING TO THE ACQUISITION OF PETROLEUM AND NATURAL GAS. (a) ACQUISITION, SAI^, AND EXCHANGE OF NATURAL GAS.— Section 2404 of title 10, United States Code, is amended— (1) in subsection (a)— (A) in the matter above paragraph (1), by inserting "or natural gas" after "petroleum"; (B) in paragraph (1)— (i) by inserting "or natural gas market conditions, as the case may be," after "petroleum market conditions"; and (ii) by inserting "or acquisition of natural gas, respectively," aft«r "acquisition ofjpetroleum"; and (C) in paragraph (2), by inserting "or natural gas, as the case may be," aft«r "petroleum"; and (2) in subsection (b), by inserting "or natural gas" in the second sentence aher "petroleiun". (b) EXPANSION OF EXCHANGE AUTHORITY.—Subsection (c) of such section is amended to read as follows: "(c) EXCHANGE AUTHORITY. —The Secretary of Defense may acquire petroleum, petroleum-related services, natural gas, or natural gas-related services by exchange of petroleum, petroleum-related services, natural gas, or natural gas-related services.". (c) SALE OF PETROLEUM AND NATURAL GAS.—Such section is further amended— (1) by redesignating subsection (d) as subsection (e); and (2) by inserting after subsection (c) the following new subsection (d.): "(d) AUTHORITY TO SELL.—The Secretary of Defense may sell petroleum or natural gas of the Department of Defense if the