Murban Crude Oil definition

Murban Crude Oil or means onshore liquid hydrocarbons extracted from the hydrocarbon reservoirs
Murban Crude Oil means onshore liquid hydrocarbons extracted from the hydrocarbon reservoirs from those fields known as the BuHasa, Sahil, Shah, Asab, Bab, Huwaila, Rumaitha, Shanayel, Al-Dabb’iya Qusahwira, Bida El Qemzan and Mender Fields, and such other fields as notified by Seller from time to time.
Murban Crude Oil means onshore liquid hydrocarbons extracted from the hydrocarbon reservoirs from the fields known as the “BuHasa, Sahil, Shah, Asab, Bab, Huwaila, Rumaitha, Shanayel, Al-Dabb’iya Qusahwira, Bida El Qemzan and Jarn Yaphour Fields”.

Examples of Murban Crude Oil in a sentence

  • Subject to Rule L.1(b), trading in the ICE Murban Crude Oil Futures Contracts shall cease at 16.30 SPT on the Last Trading Day.

  • If at any time dealings on the Market in the ICE Murban Crude Oil Futures Contracts are suspended on any Trading Day, the Exchange may amend the provisions of this Rule L.1(a) accordingly by way of Circular.

  • The Vessel Nomination Form shall include, inter alia, the nominated Delivery Day, which must be a day within the Delivery Range, and approximate time for initiating delivery and details of the Vessel onto which Murban Crude Oil subject to delivery is to be loaded.

  • Non-Common Pricing applies.Roll Adjust ProvisionThe Floating Price quotations, used for determining the Final Settlement Price of the Murban 1st Line leg, will be the front month Murban Crude Oil Future contract daily settlement prices, except on the expiration date of the front month Murban Crude Oil Future contract.

  • In addition to the Delivery Confirmation Form, the Seller will provide such other documentation or information or evidence of or security for the existence or availability of Murban Crude Oil for delivery in accordance with the Contract Rules as the Exchange or the Clearing House may require from time to time.

  • K.13.4 Without prejudice to the foregoing, the Seller and Buyer may, with the consent of the Clearing House, arrange to pass documents relating to, and to make payment for, Murban Crude Oil through the Clearing House.

  • K.1 INTERPRETATION These Contract Terms together with the applicable Contract Procedures (these Contract Terms and the Contract Procedures together the “Contract Rules”), apply to transactions in ICE Futures Abu Dhabi Murban Crude Oil Futures Contracts (“ICE Murban Crude Oil Futures Contract”).

  • K.14.5 Two (2) representative samples of each delivery of Murban Crude Oil shall be taken, in accordance with the customary practices at the Terminal, from the loading lines through which Murban Crude Oil is loaded.

  • K.6 QUALITY K.6.1 The Murban Crude Oil delivered shall be of the quality customarily supplied at the Terminal at the time of loading.

  • The quality of Murban Crude Oil actually delivered by Seller will fluctuate from time to time and may differ from one upstream field to another.

Related to Murban Crude Oil

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  • Gas Transporter means the licensed operator of the transportation network through which gas is transported to you;

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  • Natural gas company ’ means a person engaged in the transportation of natural gas in interstate commerce, or the sale in inter- state commerce of such gas for resale.

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  • Ocean transportation means any transportation aboard a ship, vessel, boat, barge, or ferry through international waters.

  • Rechargeable Electrical Energy Storage System (REESS) means the rechargeable energy storage system that provides electric energy for electrical propulsion.

  • Copper Loop A stand-alone Local Loop comprised entirely of copper wire or copper cable. Copper Loops include two-wire and four-wire analog voice-grade Copper Loops, digital Copper Loops (e.g., DS0s and Integrated Services Digital Network lines), as well as two-wire and four-wire Copper Loops conditioned to transmit the digital signals needed to provide digital subscriber line services, regardless of whether the Copper Loops are in service or held as spares. A Copper Loop includes attached electronics using Time Division Multiplexing (TDM) technology, but does not include packet, cell or frame switching capabilities.

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  • Geothermal energy means energy contained in heat that continuously flows outward from the earth that is used as the sole source of energy to produce electricity.

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  • Energy storage system means a system which stores energy and releases it in the same form as was input.

  • Eligible Renewable Energy Resource or “ERR” has the meaning set forth in California Public Utilities Code Section 399.12 and California Public Resources Code Section 25741, as either code provision is amended or supplemented from time to time.

  • Transportation Service means a service for moving people and goods, such as intercity bus service and passenger rail service.

  • Production company means a person or entity engaged in the business of making motion picture, television, or radio images for theatrical, commercial, advertising, or education purposes; Reserved

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  • Renewable energy resource means a resource that naturally replenishes over a human, not a geological, time frame and that is ultimately derived from solar power, water power, or wind power. Renewable energy resource does not include petroleum, nuclear, natural gas, or coal. A renewable energy resource comes from the sun or from thermal inertia of the earth and minimizes the output of toxic material in the conversion of the energy and includes, but is not limited to, all of the following:

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