Examples of Cost Petroleum in a sentence
Michalek, (2010), ‘Optimal Plug-in Hybrid Electric Vehicle Design and Allocation for Minimum Life Cycle Cost, Petroleum Consumption, and Greenhouse Gas Emissions,’ ASME Journal of Mechanical Design, September 132.
To the extent that Recoverable Costs in any Quarter exceed the value of Cost Petroleum available in that quarter, the unrecovered excess shall be carried forward for recovery in the next succeeding Quarter or Quarters until fully recovered.
The Right Holder shall exclusively be reimbursed for Recoverable Costs incurred by means of the Right Holder’s entitlement to quantities of Petroleum referred to as Cost Petroleum as stipulated by the Exploration and Production Agreement .
Area upto the date of first Commercial Production shall be aggregated, and the Contractor shall be entitled to recover the aggregate of such Exploration Costs out of the Cost Petroleum at the rate of one hundred percent (100%) per annum of such Exploration Costs beginning from the date of such Commercial Production.
The Right Holder's Cost Petroleum, Profit Petroleum and operating cost calculations shall be done for each quarter.