Common use of Value of Natural Gas Clause in Contracts

Value of Natural Gas. The value of Natural Gas shall be the price payable under the Approved Contract or as otherwise may be provided in the Development Plan or in this Agreement, with such fair and reasonable adjustments as required to reflect the point and type of valuation in sub- Article 8.1, or where a Contractor enters into a sale other than at arm’s-length.

Appears in 7 contracts

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

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Value of Natural Gas. The value of Natural Gas shall be is the price payable under the Approved Contract Contracts or as otherwise may be provided in the Development Plan or in this Agreement, with such fair and reasonable adjustments as required to reflect the point and type of valuation in sub- Article 8.1, or where a Contractor enters into a sale other than at arm’s-lengthSection 10.1.

Appears in 2 contracts

Samples: Production Sharing Contract, Production Sharing Contract

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Value of Natural Gas. The value of Natural Gas shall be the price payable under the Approved Contract or as otherwise may be provided in the Development Plan or in this Agreement, with such fair and reasonable adjustments as required to reflect the point and type of valuation in sub- Article 8.18. 1, or where a Contractor enters into a sale other than at arm’sarm's-length.

Appears in 1 contract

Samples: Production Sharing Contract

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