Common use of PETROLEUM TRANSFER AGREEMENT Clause in Contracts

PETROLEUM TRANSFER AGREEMENT. Within six (6) months from the approval of the Development Plan, the Operator shall enter into the Petroleum Transfer Agreement with Transporter which shall embody the principles in this Addendum Two and it may include such other provisions as customarily used by the international petroleum industry and shall continue in effect for as long as the Contract is in effect. (End of Addendum Two) ADDENDUM THREE –HEADS OF EXPORT OIL SALES AGREEMENT This Addendum Three is attached to and made part of the Development and Production Contract for [Area]. HEADS OF EXPORT OIL SALES AGREEMENT FOR THE [AREA]CONTRACT AREA BETWEEN OIL MARKETING COMPANY OF THE IRAQI MINISTRY OF OIL AND

PETROLEUM TRANSFER AGREEMENT. Within six (6) months from the approval of the Development Plan, the Operator shall enter into the Petroleum Transfer Agreement with Transporter which shall embody the principles in this Addendum Two and it may include such other provisions as customarily used by the international petroleum industry and shall continue in effect for as long as the Contract is in effect. (End of Addendum Two) ADDENDUM THREE –HEADS OF EXPORT OIL SALES AGREEMENT This Addendum Three is attached to and made part of the Exploration, Development and Production Contract for [Area]. HEADS OF EXPORT OIL SALES AGREEMENT FOR THE [AREA]CONTRACT AREA BETWEEN OIL MARKETING COMPANY OF THE IRAQI MINISTRY OF OIL AND