Available Natural Gas definition

Available Natural Gas means all Natural Gas produced and saved from the Contract Area and not used in Petroleum Operations.
Available Natural Gas means all Natural Gas produced and saved from the Contract Area and not used in Petroleum Operations;
Available Natural Gas means, for each Exploitation Concession, Natural Gas produced, whether or not produced in association with Crude Oil, after deduction of the Natural Gas used as fuel, or for secondary recovery, re-injected or flared in carrying out Development and Exploitation Work and Exploration Work.

Examples of Available Natural Gas in a sentence

  • Should the Available Natural Gas prove insufficient to meet all such Gas CITA at any time, the Parties acknowledge that the Operating Committee shall have the right to utilise funds from the Joint Account and/or or cash call any Party for its share for any outstanding liability in accordance with the Accounting Procedure, and the terms of Article 8 shall apply if such Party defaults in making payment in respect of such cash call.


More Definitions of Available Natural Gas

Available Natural Gas means for all Exploitation Concessions, the Natural Gas produced inside the Area of Interest covered by each Exploitation Concession and not used for the needs of direct or assisted exploitation of the Hydrocarbon deposit and after deduction of the annual royalties paid in kind;
Available Natural Gas means Natural Gas produced and saved from the Contract Area and not used in Petroleum Operations in accordance with Article 11.3.
Available Natural Gas shall have the meaning set forth in Article 14.2.
Available Natural Gas means for all Exploitation Concessions the Natural Gas produced inside the Area of Interest covered by each Exploitation Concession and not used for the needs of direct or assisted exploitation of the Hydrocarbon deposit and after deduction of the annual royalties paid in kind;
Available Natural Gas means, the non-associated Natural Gas won, saved and allocated to 2nd Plaintiff from the Contract Area.
Available Natural Gas means the Natural Gas won and saved from the Contract Area after deducting amounts used in Petroleum Operations.
Available Natural Gas means all Natural Gas