Kurdistan Region Consumption Requirements Sample Clauses

Kurdistan Region Consumption Requirements. The CONTRACTOR Entities shall sell and transfer to the GOVERNMENT, upon written request of the GOVERNMENT, any amounts of Crude Oil that the GOVERNMENT shall deem necessary to meet Kurdistan Region internal consumption requirements. The sales price of such Crude Oil shall be the International Market Price. The GOVERNMENT shall provide the CONTRACTOR Entities with not less than six (6) Months' advance written notice of its intention to buy such Crude Oil. Payments shall be made in Dollars and otherwise on terms consistent with prudent international petroleum industry practice. The CONTRACTOR Entities’ obligation to sell Crude Oil to the GOVERNMENT shall be, with the other operators (including the GOVERNMENT) then producing in the Kurdistan Region, pro rata to their respective production rates. The provisions of this Article 16.15 shall not apply to Non-Associated Natural Gas.
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