Common use of Additional Gas Clause in Contracts

Additional Gas. (a) Subject to the provisions of this Agreement and the Gas Agreement, including, without limitation, Songas’s exclusive rights established pursuant to Section 2.1(a) of the Gas Agreement and the provisions relating to Reserved Gas, PanAfrican Tanzania shall have the exclusive right to conduct Petroleum Operations in the Contract Area for the production of Additional Gas and the right, with TPDC in accordance with Section 4.3, to market and sell all Additional Gas produced from the Contract Area and to share in the Net Sales Revenues derived therefrom. (b) Subject to the provisions of Article VIII, all costs incurred in conducting Petroleum Operations in the Contract Area for the production of Additional Gas in accordance with an Additional Gas Plan shall be borne by PanAfrican Tanzania unless otherwise stated herein.

Appears in 2 contracts

Sources: Production Sharing Agreement, Production Sharing Agreement