Psia. Buyer may determine the temperature of the gas by using a recording thermometer, otherwise, the temperature shall be assumed to be sixty degrees Fahrenheit (60°F). The specific gravity shall be determined semiannually or more often as Buyer deems advisable.
Psia. At Buyer's option the absolute atmospheric pressure may be assumed or may be measured by use of electronic recording devices such as Totalflow (Registered Trademark) or the like. At Buyer's option the temperature of the gas passing the meters shall be determined by use of a recording thermometer so installed that it may properly record the temperature of the gas flowing through the meter; otherwise, the temperature shall be assumed to be sixty degrees (60°) Fahrenheit. The specific gravity shall be determined semiannually or more often as Buyer deems advisable.
Psia. The temperature of Gas flowing through each meter shall be determined by a recording thermometer, installed by Buyer/Processor at its sole cost and expense to properly record the temperature of the flowing Gas, and the arithmetical average of the temperature recorded while the Gas is flowing during each meter chart interval shall be used in correcting amounts delivered hereunder to a temperature base of sixty degrees Fahrenheit (60°F) and to a pressure base of 14.65 pounds Psia.
Psia. The term "psia" shall mean pounds per square inch absolute.
Psia. Such term includes distillate and condensate. (e) " Gas" means natural gas both associated and non-associated, and all of its constituent elements produced from any well in the Area (other than Liquid Crude Oil) and all non-hydrocarbon substances therein. Said term shall include residual gas, that gas remaining after removal of LPG. 4 Central Sinai Concession 20-F <PAGE> (f) "LPG" means liquefied petroleum gas, which is a mixture principally of butane and propane liquefied by pressure and temperature. (g) A "Barrel" shall consist of forty-two (42) United States gallons, liquid measure, corrected to a temperature of sixty degrees Xxxxxxxxxx (00XXX. F) at atmospheric pressure of 14.65 PSIA. (h) (1) "Commercial Oil Well" means the first well on any geological feature which after testing for a period of not more than thirty (30) consecutive days where practical, but in any event in accordance with sound and accepted industry production practices and verified by EGPC, is found to be capable of producing at the average rate of not less than two thousand (2000) Barrels of Oil per day (BOPD). The date of discovery of a "Commercial Oil Well" is the date on which such well is tested and completed according to the above. (2) "Commercial Gas Well " means the first well on any geological feature which after testing for a period of not more than thirty (30) consecutive days where practical, but in any event in accordance with sound and accepted industry production practices and verified by EGPC, is found to be capable of producing at the average rate of not less than fifteen million (15,000,000) standard cubic feet of Gas per day ("MMSCFD"). The date of discovery of a "Commercial Gas Well" is the date on which such well is tested and completed according to the above. (i) "A.R.E." means ARAB REPUBLIC OF EGYPT. (j) "Effective Date" means the date on which the text of this Agreement is signed by the GOVERNMENT, EGPC and CONTRACTOR, after the relevant Law is issued. (k) (1) "Year" means a period of twelve (12) months according to the Gregorian Calendar. (2) "Calendar Year" means a period of twelve (12) months according to the Gregorian Calendar being 1st January to 31st December. (l) "Financial Year" means the GOVERNMENT's financial year according to the laws and regulations of the A.R.E. (m) "Tax Year" means the period of twelve (12) months according to the laws and regulations of the A.R.E. (n) An "Affiliated Company" means a company: (i) of which the share capital, confe...
Psia. All fundamental constants shall be in accordance with the standards prescribed in the then current American Gas Association Manual with any subsequent amendments that may be mutually acceptable to the Parties. Further details and specifications pertinent to metering the Biogas tendered by Phoenix to Developer are set forth in Exhibit G attached hereto.
Psia. It is agreed that, if by reason of governmental law, order or regulation, there shall be prescribed as to any gas delivered hereunder any basis for measurement or computation of gas volumes differing from that set forth above in this Article, then the applicable prices set forth and/or provided for herein shall forthwith be adjusted and corrected to compensate for the change(s) thus affected in the basis of measurement or computation of volumes of gas delivered hereunder, it being the intention of the parties that no change so effected in the basis of measurement or computation of the gas volumes shall affect in any way the total price to be paid for volumes of gas delivered hereunder.
Psia. All gas delivered to Buyer by Seller hereunder shall be measured by orifice or other measurement facility of standard type to be selected and furnished by Buyer. Orifice meters of Buyer shall be constructed and installed in accordance with the applicable provisions of the American National Standard "Orifice Metering of Natural Gas," ANSI/API 2530, First Edition, and any amendments thereto. The volumes of gas delivered to Buyer at pipeline pressures and temperatures shall be computed from meter records and converted into the cubic foot or thousand cubic foot ("MCF") unit of measurement specified here in accordance with standard industry practice. Correction shall not be made for deviation from the Ideal Gas Laws. The temperature of the gas flowing through each meter is assumed to be sixty degrees (60) Fahrenheit, provided, however, that Buyer may at any time install a recording thermometer to record the temperatures of the gas flowing through the meter, in which event the arithmetic average of the hourly temperatures recorded shall thereafter be used in correcting the volumes delivered hereunder to the unit of measurement specified herein above.
Psia. 2.7 The Meter Operator shall calculate the deviation of the Natural Gas from Ideal Gas Laws, at the pressures, temperatures and specific gravity under which said Natural Gas is delivered to Buyer, shall be calculated in accordance with API 2530.
Psia. 6.5 The Gas shall be metered downstream of the Point(s) of Receipt by orifice meters which shall be constructed and installed in accordance with the applicable provisions of the then current American Gas Association's Gas Measurement Committee Report No. 3, as amended. Subject to the receipt of any necessary governmental or regulatory approvals and authorizations, electronic flow measurement recording devices (EFM) shall be installed at each of Gatherer's master meters at the Points of Receipt. The volumes of Gas received and delivered by Gatherer as measured at pipeline pressures and temperatures shall be computed from the meter records and converted into the unit of measurement specified above in accordance with the methods prescribed in the then current Gas Measurement Committee Report No. 3 of the American Gas Association, including the appendix thereto. Correction shall be made for deviation from the Ideal Gas Laws at the pressure and temperature at which the Gas is metered. To determine the factors for such correction a quantitative analysis of the Gas shall be made at reasonable intervals, and such factors shall be
