Common use of Obligation to Supply Clause in Contracts

Obligation to Supply. In accordance with the Hydrocarbons Law, the Contractor shall meet as a priority the needs of domestic Hydrocarbon consumption in Equatorial Guinea. For this purpose, and in accordance with the provisions of Articles 86 and 87 of the Hydrocarbons Law, if the State so requests, the Parties comprising the Contractor (other than the National Company) shall sell to the State at the Delivery Point a portion of its Net Crude Oil and/or Net Natural Gas for internal consumption in the country.

Appears in 4 contracts

Samples: Production Sharing Contract, Production Sharing Contract, Production Sharing Contract

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