Common use of For Natural Gas Clause in Contracts

For Natural Gas. For every new reservoir of Natural Gas discovered in the period following the Effective Date which can be produced commercially, CONTRACTOR shall fulfil its obligation towards the supply of the domestic market as set out below: (a) Upon the discovery of a new reservoir of Natural Gas following the Effective Date, CONTRACTOR shall notify GOI regarding such discovery; (b) Following such notification as stipulated in paragraph (a) above the Parties shall agree on the quantity of proven reserves of Natural Gas of such discovered reserves in the Contract Area; (c) Within the period of one (1) Year following agreement by the Parties on the quantity of proven reserves as stipulated in paragraph (b) above, GOI shall give the opportunity for domestic buyer to purchase such Natural Gas as calculated in Sub-section 5.2.20 (ii)(g); (d) Not later than *** following the expiration of *** period stipulated in paragraph (c) above, GOI shall notify CONTRACTOR concerning the condition of domestic market demand; (e) In case that in the period as stipulated in paragraph (d) above, GOI notifies CONTRACTOR of the existence of potential domestic gas buyer, CONTRACTOR shall enter into negotiations with such potential domestic gas buyer for the sale of gas to satisfy the domestic market obligation stipulated in this Sub-section 5.2.20; (f) In case that in the period as stipulated in paragraph (d) above GOI does not notify CONTRACTOR of the existence of potential domestic gas buyer or the negotiation as stipulated in paragraph (e) above fail, CONTRACTOR shall request the approval of GOI to market and sell the domestic market such quantity of Natural Gas in the international market; (g) The quantity of Natural Gas which CONTRACTOR shall be obligated to supply for the consumption of domestic market shall be calculated as follows: (i) computing twenty five percent (25%) of the quantity of Natural Gas proven reserves in the newly discovered reservoir in the Contract Area. (ii) multiply the amount stipulated in (i) with the percentage of CONTRACTOR’s entitlement provided under Sub-section 6.3.3 of Section VI hereof. CONTRACTOR shall not be obligated to transport such Natural Gas beyond the Point of Delivery but upon request of SKK MIGAS, CONTRACTOR shall assist in arranging transportation and such assistance shall be without costs or risk to CONTRACTOR, including incurred tax(es);

For Natural Gas. For every new reservoir of Natural Gas discovered in the period following the Effective Date which can be produced commercially, CONTRACTOR shall fulfil fulfill its obligation towards the supply of the domestic market (DMO) as set out below: (a) Upon the discovery of a new reservoir of Natural Gas following the Effective Date, CONTRACTOR PARTNER shall notify GOI PERTAMINA EP regarding such discovery; (b) Following such notification as stipulated in paragraph point (a) above the Parties shall agree on the quantity of proven reserves of Natural Gas of such discovered reserves in the Contract Areadiscovered reserves; (c) Within the period of one (1) Year *** following agreement by the Parties on the quantity of proven reserves as stipulated in paragraph point (b) above, GOI PERTAMINA EP shall first give the opportunity for domestic buyer to purchase such Natural Gas as calculated in Sub-section 5.2.20 (ii)(g)Gas; (d) Not No later than *** following the expiration of *** period stipulated in paragraph point (c) above, GOI PERTAMINA EP shall notify CONTRACTOR PARTNER concerning the condition of domestic market demand; (e) In case that in the period as stipulated in paragraph point (d) above, GOI PERTAMINA EP notifies CONTRACTOR PARTNER of the existence of potential domestic gas buyer, CONTRACTOR PERTAMINA EP and PARTNER shall enter into negotiations with such potential domestic gas buyer for the sale of gas to satisfy the domestic market obligation DMO quantity as stipulated in this Sub-section 5.2.20;clause. In case that within *** after PERTAMINA EP’s notice, such negotiations did not reach any result in a binding sale and purchase agreement, then PARTNER shall be obliged to report to PERTAMINA EP. (f) In case that in the period as stipulated in paragraph point (d) above GOI PERTAMINA EP does not notify CONTRACTOR PARTNER of the existence of potential domestic gas buyer or the negotiation as stipulated in paragraph point (e) above faildid not reach any result in a binding sale and purchase agreement, CONTRACTOR PARTNER shall request the prior written approval of GOI PERTAMINA EP to market and sell the domestic market such DMO quantity of Natural Gas in the international market; (g) The quantity of Natural Gas which CONTRACTOR PARTNER shall be obligated to supply for the consumption of domestic market (DMO) shall be calculated as follows: (i) computing twenty five compute ***percent (25***%) of the quantity of Natural Gas proven reserves in produced and sold from the newly discovered reservoir in the Contract Operating Area.; (ii) multiply the amount stipulated in point (i) g).l. with the percentage of CONTRACTORPARTNER’s entitlement share provided under Sub-section 6.3.3 clause 5.2.3 hereof; (iii) total amount of Section VI hereofNatural Gas calculated pursuant to point (g).2. CONTRACTOR is the amount that shall be fulfilled by PARTNER in every Year during the terms of the Agreement; The price at which such Natural Gas be delivered and sold under this clause 4.1.21.ii.(g) shall be based on negotiation between PERTAMINA EP, PARTNER and buyer which has been approved by GOI; PARTNER shall not be obligated to transport such Natural Gas beyond the Point of Delivery Export/Sale/Lifting but upon request of SKK MIGASPERTAMINA EP, CONTRACTOR PARTNER shall assist in arranging transportation and such assistance shall be without costs or risk of PARTNER; Notwithstanding the clauses above, PARTNER shall comply with GOI’s policy to CONTRACTOR, including incurred tax(es)fulfill at any time domestic demand;