Lifting. (a) Subject to this Contract, each Contractor may lift, dispose of its share of Petroleum and retain the proceeds from the sale or other disposition of that share. Any export project shall require prior approval of the Ministry. (b) The Contractor and the Ministry shall, from time to time, make such agreements between them as are reasonably necessary, in accordance with Industry Best Practice, for the separate lifting of their shares of Petroleum.
Appears in 2 contracts
Sources: Offshore Production Sharing Contract, Production Sharing Contract