Rights conferred by contract. 1. A production sharing contract entered into by the Joint Authority, with the approval of the Ministerial Council, shall give to the contractor the exclusive right and the responsibility to undertake petroleum operations in a contract area, subject to the provisions of the Treaty, relevant regulations and directions issued by the Joint Authority, and the terms and conditions of the contract.
Appears in 4 contracts
Samples: cil.nus.edu.sg, www.laohamutuk.org, mail.laohamutuk.org
