Common use of Ministry Notification Clause in Contracts

Ministry Notification. No later than the first day of October of each Calendar Year, the Ministry will notify the Parties constituting the Contractor (other than the National Company) of the quantities of Crude Oil and/or Natural Gas that it wishes to purchase under this Article 12 for the subsequent Calendar Year, when this right has not been waived to ensure exportation of Natural Gas. The Crude Oil and/or Natural Gas will be delivered to the State or to the beneficiary designated by the State during that Calendar Year, according to procedures to be agreed on between the Ministry and the Contractor.

Appears in 3 contracts

Samples: Production Sharing Contract (Kosmos Energy Ltd.), Production Sharing Contract, Production Sharing Contract

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Ministry Notification. No later than the first day of October of each Calendar Year, the Ministry will notify the Parties constituting the Contractor (other than the National Company) of the quantities of Crude Oil and/or Natural Gas that it wishes to purchase under this Article 12 for the subsequent Calendar Year, when this right has not been waived to ensure exportation of Natural Gas. The Crude Oil and/or Natural Gas will be delivered to the State or to the beneficiary designated by the State during that Calendar Year, according to procedures to be agreed on between the Ministry and the Contractorunder Article 12.

Appears in 1 contract

Samples: Production Sharing Contract (Kosmos Energy Ltd.)

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