Cost Gas definition

Cost Gas means the portion of the Available Gas as set out in accordance with Article 6 that the Contractor may freely retain each Calendar Year for the purposes of recovery of its Hydrocarbons Costs.
Cost Gas means the portion of the Available Gas, less the quantity corresponding to the value required for Royalty payment, as set out in accordance with Article 14., that the Investor may retain each Calendar Year for the purposes of recovery of its Petroleum Costs. „Troškovni plin” znači dio Pridobivenog plina, umanjenog za količine xxxxxxxx xx xxxxxxxx Xxxxxxx xx pridobivene količine ugljikovodika u skladu s člankom 14., koji Investitor može zadržati svake Kalendarske godine za potrebe povrata svojih Troškova ugljikovodika.
Cost Gas has the meaning assigned in Article 36;

Examples of Cost Gas in a sentence

  • As at 30th June 2021, the following are some of the information published on the municipal website: • Final Annual Report 2019/20;• Final IDP/Budget 2020/21;• Final/Adjusted/Quarterly SDBIP 2020/21;• Monthly Budget Report Statements (s71);• Senior Managers Performance Agreements;• Tenders.

  • If TPDC elects to participate, then it will be entitled to a rateable proportion of the Cost Gas and their profit share percentage increases by the Specified Proportion for that development program.

  • On or after January 1, 2009, the High Cost Gas Well category shall be assigned to all newly permitted wells that satisfy the definition of a High Cost Gas Well in accordance with subparagraph b) 4) above at the time of well categorization in accordance with subparagraphs d) and g) above.

  • The well category determination, shall determine the category for that well throughout the life of that well, regardless if other zones are produced within the well at a later date, until such time as the well qualifies as a Marginal Conventional Gas Well or a Marginal High Cost Gas Well.

  • The High Cost Gas Well category shall be assigned to all existing wells on January 1, 2009, which satisfy the definition of a High Cost Gas Well in accordance with subparagraph b) 4) above.


More Definitions of Cost Gas

Cost Gas means, the proceeds realized from the sale of Natural Gas produced from the Contract Area to enable the parties recover their respective costs incurred in carrying out Petroleum Operations with respect to non-associated gas under the SAAs.
Cost Gas means the portion of the available Natural Gas that the Contractor may freely retain and export each Calendar Year for the purposes of recovery of its Petroleum Costs;
Cost Gas shall have the meaning ascribed to it in Article 12 of this Agreement;
Cost Gas means the volume of natural gas, capped at an agreed percentage between the parties in respective agreement, which the contractor is entitled to take out of produced volume after deducting royalty due to government, and apply it to recover all recoverable contract expenses incurred under the contracted area;
Cost Gas means all exploration expenses, development expenses, operating expenses, service costs and general and administrative costs recovered from a volume of natural gas produced under the Ruvuma PSA. Such fiscal terms for the production of gas are currently being negotiated with the Tanzanian authorities and expected to form part of an amended Ruvuma PSA;
Cost Gas means, the portion of the total value of Available Natural Gas from the Contract Area which the Licensee is entitled to take in a particular period, for the recovery of Contract Expenses as set out in Article 11.