Common use of Individualization of Production Clause in Contracts

Individualization of Production. procedure aimed at sharing of the Production result and the reasonable use of the Country’s natural resources through unification of the Development and Production of the Deposits extending beyond the Concession Area;

Individualization of Production. procedure aimed at sharing the result of the Production result and the reasonable rational use of the Country’s natural resources through unification of the Development and Production of the Deposits extending beyond the Concession Area;