Ethane definition
Examples of Ethane in a sentence
Where the Concessionaire makes a Commercial Discovery of Extra-Light Crude Oil, the Concessionaire shall with priority dedicate such Extra-Light Crude Oil to the production of Petrochemical Feedstock and endeavour to sell such Extra-Light Crude Oil to a refinery which produces Ethane, LPG and Naphtha primarily for the purposes of Petrochemical Feedstock.
The sale of Petroleum pursuant to Articles 18.3.1, 18.3.2, 18.3.3, of 18.3.4 shall be subject to zero royalty and shall not be subject to Hydrocarbon Tax, where adequate information has been received from the refinery, gas processing plant or Ethane extraction plant, or several of them, about the dedication of the Petroleum as Petrochemical Feedstock.
The Concessionaire shall encourage sale of Ethane to create Petrochemical Feedstock through Ethane extraction by third parties or through the Ethane extraction plant of the Concessionaire.