LIFTING, MARKETING AND DOMESTIC SUPPLY OBLIGATION Sample Clauses

LIFTING, MARKETING AND DOMESTIC SUPPLY OBLIGATION. ‌ (a) The quantity of production to which TPDC is entitled pursuant to Article 11 herein shall be delivered to TPDC or its nominee at the Delivery Point, at which title in production will pass to TPDC or its nominee subject to the terms of the agreement referred to in sub-article (b) of this Article. TPDC shall be responsible for costs associated with its lifting entitlement after the Delivery Point. The Contractor, and in the event of Joint Operations, TPDC shall be responsible for all costs prior to the Delivery Point. (b) Within six months after the Minister’s approval of a development plan, the Contractor shall propose to TPDC an offtake procedure to govern the method whereby the parties will nominate and lift their respective shares of Crude Oil. The details of such procedure shall be discussed and agreed upon between TPDC and the Contractor for the Minister’s approval. The major principles of such procedure shall include the following: (i) lifting by the parties shall be carried out so as to avoid interference with Petroleum Operations; (ii) lifting rights and schedules will be subject to operational tolerances and constraints so that each party shall be entitled to lift full cargo loads; (iii) within reasonable limits and subject to future correction of imbalances, each party may lift more or less than its lifting entitlement so as to allow the lifting of full cargo loads. (iv) In general, priority for lifting shall be given to the party having the greatest unlifted lifting entitlement. (c) The Contractor shall, if requested by the Minister with at least three months advance notice, market abroad on competitive terms all or part of TPDC’s lifting entitlement subject to payment by TPDC of direct costs normally borne by a seller in such transactions as may be agreed by TPDC but excluding any commission or marketing fee in respect of such service. (d) TPDC shall use its share of production from all Crude Oil production in Tanzania to meet the requirements of the domestic market of Tanzania. If there is domestic demand in excess of TPDC’s total entitlement then the Contractor may be required to sell Crude Oil in Tanzania on a pro rata basis with other producers in Tanzania (except TPDC) according to the quantity of Crude Oil of each producer. TPDC shall give the Contractor at least three months notice in advance of said requirements and the term of the supply will be on an annual basis. The volume of Crude Oil which TPDC may require the Contractor to se...
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LIFTING, MARKETING AND DOMESTIC SUPPLY OBLIGATION. (a) The quantity of production to which T.P.D.C. is entitled pursuant to Article 9 herein shall be delivered to T.P.D.C. or its nominee at the Delivery Point, at which title in production will pass to T.P.D.C. or its nominee subject to the terms of the agreement referred to in sub-article (b) below. T.P.D.C. shall be responsible for costs associated with its lifting entitlement after the Delivery Point. The Company, and in the event of Joint Operations, T.P.D.C. shall be responsible for all costs prior to the Delivery Point. (b) Within six months after the Minister’s approval of a development plan, the Company shall propose to T.P.D.C. an offtake procedure to govern the method whereby the parties will nominate and lift their respective shares of Crude Oil. The details of such procedure shall be discussed and agreed upon between T.PD.C. and the Company for the Minister’s approval. The major principles of such procedure shall include the following: (i) Lifting by the parties shall be carried out so as to avoid interference with Petroleum Operations. (ii) Lifting rights and schedules will be subject to operations tolerances and constraints so that each party shall be entitled to lift full cargo loads. (iii) Within reasonable limits and subject to future correction of imbalances, each party may lift more or less than its lifting entitlement so as to allow the lifting of full cargo loads. (iv) In general priority for lifting shall be given to the party having the greatest unlifted lifting entitlement. (c) The Company shall, if requested by the Minister with at least three months advance notice, market abroad on competitive terms all or part of T.P.D.C.’s lifting entitlement subject to payment by T.P.D.C. of direct costs normally borne by a seller in such transactions as may be agreed by T.P.D.C. but excluding any commission or marketing fee in respect of such service.
LIFTING, MARKETING AND DOMESTIC SUPPLY OBLIGATION. (a) The quantity of production to which TPDC is entitled, pursuant to Article 11 herein, shall be delivered to TPDC or its nominee at the Delivery Point, at which title in production will pass to TPDC or its nominee subject to the terms of the agreement referred to in sub-article (b) of this Article. TPDC shall be responsible for costs associated with its lifting entitlement after the Delivery Point. The Contractor, and in the event of Joint Operations, TPDC, shall be responsible for all costs prior to the Delivery Point.

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