Petroleum Law definition

Petroleum Law means the Fundamental Law on Petroleum Operations, Law no. 16/2009, as amended or supplemented from time to time, and regulations made and directions provided under such law;

Petroleum Law means the Petroleum Act 1967, the Petroleum (Submerged Lands) Act 1982 or the Petroleum Pipelines Act 1969;

Petroleum Law means Petroleum Law No.6326 of the Republic of Turkey, as amended from time to time (including but not limited to Laws No. 6558, 6987, 1702, 2217 and 2208), Petroleum Regulations promulgated thereafter under Government Decree 89/14111 published with the Official Gazette on July 17th 1989 issue no: 20224 as amended from time to time and the Petroleum Marketing Law No. 5015, enacted on December 4, 2003 and published in the Official Gazette, No. 25322, on December 20, 2003.

Examples of Petroleum Law in a sentence

• The conduct of Petroleum Operations and provision of financial and technical requirements by the Contractor under this Contract shall be with the prior approval of or in prior consultation with the National Petroleum Agency as required under this Contract or the Petroleum Law.

• The Petroleum Law governs non-tax terms of extraction of petroleum in Liberia, including the sharing of production under a production sharing agreement, which determines the petroleum producer’s share of income from petroleum extraction.

• Such amounts shall be computed in the manner set forth in the Petroleum Law, the Petroleum Taxation Law and the provisions hereof as stated in Article 4 of this Schedule 2.

• In accordance with the Petroleum Law, the Contractor, in its own name or in the name of its sub-contractors or other Persons acting on its or their behalf, are entitled to import and export all goods, materials and equipment destined exclusively and directly for the execution of Petroleum Operations.

• The Guarantee will remain in effect throughout the lease term and will remain in effect after the lease expires, provided the Commissioner of Petroleum Affairs does not announce that it is no longer required and subject to section 57C of the Petroleum Law.

More Definitions of Petroleum Law

Petroleum Law means the Petroleum (Exploration and Production) Law, 1984 (PNDCL 84);

Petroleum Law means the Israel Petroleum Law 5712-1952.

Petroleum Law means Israeli Petroleum Law 5712-1952, as amended, supplemented or re-enacted from time to time.

Petroleum Law means Law Xx. 0000 xx xxx Xxxxxxxx xx Xxxxxxxxxx “On Oil” dated June 28, 1995 (as amended).

Petroleum Law means the —

Petroleum Law means the Petroleum and Geothermal Energy Resources Act 1967, the Petroleum (Submerged Lands)Act 1982 or the Petroleum Pipelines Act 1969;

Petroleum Law means Law no. 13/2005 of 2 September (Petroleum Law), as amended, varied, modified or replaced from time to time, as well as regulations made under it;