Common use of Barrel Clause in Contracts

Barrel. It means the volume equal to forty two (42) gallons of the United States of America. Each gallon is equivalent to three liters and seven thousand eight hundred and fifty three ten – thousandths of a liter (3.7853).

Appears in 4 contracts

Sources: Crude Oil Transportation Agreement (Gran Tierra Energy Inc.), Crude Oil Transportation Agreement (Gran Tierra Energy Inc.), Crude Oil Transportation Agreement (Gran Tierra Energy Inc.)