Commercialization Facilities definition

Commercialization Facilities means the infrastructure and equipment necessary to transport, compress, store or distribute Hydrocarbons beyond the Measurement Points, including all pipelines for Crude Oil, Condensates and Natural Gas, pumps, compressors, measuring equipment and additional Storage facilities necessary to transport the Hydrocarbons from the Measurement Point to the point of sale or to the entry to a delivery system.
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Examples of Commercialization Facilities in a sentence

  • The design of the Commercialization Facilities shall consider the total volume of the Net Hydrocarbons, unless otherwise agreed by the Parties.

  • If the Contractor constructs Commercialization Facilities, the Contractor shall offer the Marketer equal access to the Commercialization Facilities at a reasonable Cost for the portion of the Hydrocarbon production corresponding to the State Consideration, it being understood that the Cost of Commercialization Facilities will not be considered a Recoverable Cost.

  • If Commercialization Facilities are constructed by the Contractor, the Contractor shall offer the Marketer equal access to the Commercialization Facilities at a reasonable Cost for the portion of the Hydrocarbon production corresponding to the State Consideration, it being understood that the Cost of Commercialization Facilities will not be considered as a Recoverable Cost.

  • If Commercialization Facilities are constructed by the Contractor, the Contractor shall offer the Marketer equal access to the Commercialization Facilities at a reasonable cost for the portion of the Hydrocarbon production corresponding to the State Consideration, it being understood that the cost of Commercialization Facilities will not be considered a Recoverable Cost.

  • If Commercialization Facilities are constructed by the Contractor, the Contractor shall offer the Marketer equal access to the Commercialization Facilities at a reasonable Cost for the portion of the Hydrocarbon production corresponding to the State Consideration, it being understood that the Cost of Commercialization Facilities will not be considered a Recoverable Cost.