Sharing Point. The Oil and Gas Sharing Points shall be defined for each Module of the Development Phase in the Development Plan and shall coincide with the place where the Consortium shall physically provide the Production share corresponding to each Consortium Member or to whom it indicates.
Appears in 15 contracts
Sources: Production Sharing Agreement, Production Sharing Agreement, Production Sharing Agreement
Sharing Point. The Oil and Gas Sharing Points shall be defined for each Module of the Development Phase in the Development Plan and shall coincide with the place where the Consortium shall physically provide the Production share corresponding to each Consortium Member or to whom it indicates. Measurement at the Sharing Points shall be inspected by ANP. Any possible difference in volume between the Measurement Point and the Sharing Point shall be deemed an operating loss under the sole responsibility of the Contractor and not recoverable as Cost Oil, except for the provisions in paragraph 17.8.
Appears in 5 contracts
Sources: Production Sharing Agreement, Production Sharing Agreement, Production Sharing Agreement
Sharing Point. The Oil and Natural Gas Sharing Points shall will be defined for each Module of the Development Phase in the Development Plan and shall Plan. They will coincide with the place where the Consortium shall will physically provide make available the portion of Production share corresponding to each Consortium Member or to whom it indicates.
Appears in 1 contract
Sources: Production Sharing Agreement