Development and Production Period. İşlənmə və hasilat dövrü İşlənmə proqramının ARDNŞ tərəfindən təsdiq edildiyi tarixdən başlanır və həmin tarixdən etibarən otuz (30) il müddətində davam edir. İşlənmə və hasilat dövrü Podratçının xahişi ilə Kontrakt sahəsindən Karbohidrogenlərin kommersiya cəhətindən səmərəli hasilatının və ləğvetmə əməliyyatlarının başa çatdırılması üçün zəruri xxxx müddətə uzadıla bilər. Belə uzadılma və onun müddəti ARDNŞ tərəfindən təsdiq edilməlidir. The Development and Production Period shall begin from the date of SOCAR’s approval of the Development Programme and shall continue for thirty (30) years after such date. The Development and Production Period may be extended upon Contractor’s request for the period sufficient to complete commercially reasonable production of Petroleum in the Contract Area and abandonment operations. Such extension and its duration shall be subject to SOCAR’s approval.
Development and Production Period. Hər İşlənmə sahəsinə münasibətdə İşlənmə və hasilat dövrü həmin İşlənmə sahəsinə dair İşlənmə proqramının ARDNŞ tərəfindən təsdiq edildiyi tarixdən başlanır və həmin tarixdən etibarən iyirmi üç (23) il müddətində davam edir. Hər İşlənmə və hasilat dövrü The Development and Production Period in respect of each Development Area shall begin from the date of SOCAR’s approval of the Development Programme for such Development Area and shall continue for twenty-three (23) years after such date. Each Podratçının xahişi ilə müvafiq İşlənmə sahəsindən Xam neftin kommersiya cəhətindən səmərəli hasilatının və ləğvetmə əməliyyatlarının başa çatdırılması üçün zəruri xxxx müddətə uzadıla bilər. Belə uzadılma və onun müddəti ARDNŞ tərəfindən təsdiq edilməlidir. Development and Production Period may be extended upon Contractor’s request for the period sufficient to complete commercially reasonable production of Crude Oil in the relevant Development Area and abandonment operations. Such extension and its duration shall be subject to SOCAR’s approval.
Development and Production Period. 3.6.1 The Development and Production Period of a Commercial Field shall commence on the Date of Establishment of a Commercial Field and shall terminate at the expiration of this Contract.
Development and Production Period. 7.1. If subsequent to a Commercial Discovery, the Contractor submits an application for a Production License pursuant to the terms of the Act and Article 16 of this Agreement, the term of the Agreement shall be for an initial period of twenty (20) years from the Effective Date with respect to the Development Area corresponding to such Commercial Discovery. Such Period shall be referred to as the Initial Production Period. However, if the Commercial Discovery relates to a Natural Gas Field, the term of the Initial Production Period shall be thirty (30) years from the Effective Date.
Development and Production Period. 21 5.1 Development Plan 21 5.2 Approved Contracts 21 Article 6 Decommissioning 21 6.1 Decommissioning 21
Development and Production Period. 7.1. If subsequent to a Commercial Discovery, the Contractor submits an application for a Petroleum Production Licence pursuant to the terms of the Act and Article 16 of this Agreement, the term of the Agreement shall be for an initial period of twenty (20) years from the date in which the Production Licence in respect to the Development Area corresponding to such Commercial Discovery is in full force and effect. Such Period shall be referred to as the Initial Production Period. However, if the Commercial Discovery relates to a Natural Gas Field, the term of the Initial Production Period shall be thirty (30) years from the date in which the Production Licence in respect to the Development and Production Area corresponding to such Commercial Discovery is in full force and effect.
Development and Production Period. The Development and Production Period shall begin from the date of SOCAR's approval of the Development Program and shall continue for thirty (30) years. After such period of thirty (30) years and upon the Contractor’s request and subject to SOCAR's approval, the Development and Production Period may be extended for the period sufficient to complete commercially reasonable production of Petroleum in the Contract Area and to ensure conservation, protection and abandonment of subsurface assets. The duration of such extention is also subject to SOCAR’s approval. 4.6
Development and Production Period. 3.3.1 Unless extended in accordance with the provisions of clause 2, the Agreement shall expire automatically at the end of the initial Exploration period or at the end of any additional Exploration period, except as to any Development Area. However, if the Contractor reports that a Commercial Discovery has been made before the expiry of the initial Exploration period stipulated in sub-clause 3.2 hereof or any additional Exploration period thereof, the Agreement shall not expire in respect to the relevant Development Area, but shall continue as to such Development Area for a term of up to [25] Calendar Years from the date of the Development Plan for that Development Area is adopted pursuant to sub- clause 7.2.4 hereof ("Development and Production Period").
Development and Production Period. (à) Ìèíåðàë åùòèéàòëàðûíûí èøë□íì□ñè â□ ùàñèëàò â□ ßìò□□ëèê ì□ùñóë xxxxxxxxx xxxxx xxxxxxxxx x□x xxxxx x÷xx Xxxxxx÷xxxx ÀÇßÐÃÛÇÛË-à Ê□øô â□ îíóí êîììåðñèéà ä□é□ðè ùàããûíäà áèëäèðèø ò□ãäèì åòäèéè òàðèõä□í áàøëàíûð â□ Ê□øô â□ îíóí êîììåðñèéà ä□é□ðè ùàããûíäà ù□ìèí Áèëäèðèøèí òàðèõèíä□í ñîíðà îí áåø (15) èëëèê äþâð ãóðòàðàíàä□ê, éàõóä ÀÇßÐÃÛÇÛË-ëà ðàçûëàøäûðûëìûø □ëàâ□ ìöää□ò ãóðòàðàíàä□ê äàâàì åäèð.
Development and Production Period. The Development and Production Period shall begin from the date of the Notice of Discovery and its Commerciality submitted by Contractor to SOCAR and shall continue until thirty (30) years after the date of such Notice of Discovery and its Commerciality of such Discovery and subsequent Discoveries. After such period of thirty (30) years the Development and Production Period may be extended by five (5) years subject to SOCAR's approval.
