Common use of - ACCOUNTING OBLIGATIONS OF THE CONTRACTOR Clause in Contracts

- ACCOUNTING OBLIGATIONS OF THE CONTRACTOR. 1.2.1. The Contractor shall maintain financial accounts necessary to record in reasonable detail the transactions relating to Petroleum Operations which shall be prepared in accordance with generally accepted standards of the international petroleum industry, as more particularly, but not exclusively set out in this Accounting Procedure. Draft Production Sharing Contract Block L28 Ministry of Energy Page 60

- ACCOUNTING OBLIGATIONS OF THE CONTRACTOR. 1.2.1. The Contractor contractor shall maintain financial accounts necessary to record in reasonable detail the transactions relating to Petroleum Operations petroleum operations which shall be prepared in accordance with generally accepted standards of the international petroleum industry, as more particularly, but not exclusively set out in this Accounting Procedure. Draft Production Sharing Contract Block L28 Ministry of Energy Page 60accounting procedure.

- ACCOUNTING OBLIGATIONS OF THE CONTRACTOR. 1.2.1. The Contractor shall maintain financial accounts necessary to record in reasonable detail the transactions relating to Petroleum Operations which shall be prepared in accordance with generally accepted standards of the international petroleum industry, as more particularly, but not exclusively set out in this Accounting Procedure. Draft Production Sharing Contract Block L28 Ministry of Energy Page 60.