Export Oil Price definition

Export Oil Price means the price per Barrel of Export Oil Free on Board (“FOB”) at the Delivery Point, determined in accordance with the provisions of Article 18.
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Examples of Export Oil Price in a sentence

  • For payment in Export Oil, the Export Oil Price shall be in accordance with Article 18.

  • Export Oil Price shall be determined pursuant to Article 18 of the Contract.

  • For payment of Contractor’s entitlement in Export Oil, the Export Oil Price shall be determined in accordance with Article 18.

  • For payment in Export Oil, the Export Oil Price shall be in accordance with Article 18 and liftings shall be scheduled in accordance with an agreement reached pursuant to Addendum Four.

  • The Provisional Invoice shall also include any balances of Petroleum Costs and Remuneration brought forward from previous periods and any adjustments to be made to the Petroleum Costs and Remuneration set out in previous invoices, including any overlift or underlift of Export Oil as a result of final determination of Export Oil Price.

  • The Forward Quantity Statement will be based on the Petroleum Costs, Supplementary Costs and Remuneration due and payable to Contractor as agreed by ROC, divided by the Provisional Export Oil Price.

  • Export Oil Price The price per barrel of export oil that is free on board (FOB) at the delivery point.FRBNY Federal Reserve Bank of New York.GCT General Commission for Taxes.GDP Gross domestic product .

  • For payment of Petroleum Costs and Remuneration in Export Oil, the Export Oil Price shall be determined in accordance with Article 18 and the payment made pursuant to Addendum Four.

  • The Forward Quantity Statement will be based on the Service Fees and Supplementary Fees due and payable to Company as agreed by SOC, divided by the relevant Export Oil Price which shall be determined in accordance with Article 18 of the Contract, applicable for the Month before the Forward Quantity Statement is furnished or for the preceding Month if the former is not available ("Provisional Price").

  • The Forward Quantity Statement will be based on the Service Fees due and payable to Contractor as agreed by ROC, divided by the relevant Export Oil Price which shall be determined in accordance with Article 18 of the Contract, applicable for the Month before the Forward Quantity Statement or for the preceding Month if the former is not available ("Provisional Price").

Related to Export Oil Price

  • Retail Price As set forth in Exhibit A.

  • Petroleum Products means gasolines and petroleum oil distillates or blend stocks as further described in Item 10.

  • Gross Sales Price with respect to each sale of Shares sold pursuant to this Agreement shall be the gross sales price per share of such Shares.

  • ex-works price means the price paid for the product ex works to the manufacturer in the EU or in a SADC EPA State in whose undertaking the last working or processing is carried out, provided the price includes the value of all the materials used, minus any internal taxes paid which are, or may be, repaid when the product obtained is exported;

  • Sales Price means the actual sale execution price of each Share placed by the Agent pursuant to this Agreement.

  • own-source revenue means adjusted underlying revenue other than revenue that is not under the control of council (including government grants)

  • Closing Sales Price means, for any security as of any date, the last sales price of such security on the principal trading market where such security is listed or traded as reported by Bloomberg Financial Markets (or a comparable reporting service of national reputation selected by the Corporation if Bloomberg Financial Markets is not then reporting closing sales prices of such security) (collectively, “Bloomberg”), or if the foregoing does not apply, the last reported sales price of such security on a national exchange or in the over-the-counter market on the electronic bulletin board for such security as reported by Bloomberg, or, if no such price is reported for such security by Bloomberg, the average of the bid prices of all market makers for such security as reported in the “pink sheets” by the National Quotation Bureau, Inc., in each case for such date or, if such date was not a trading day for such security, on the next preceding date that was a trading day. If the Closing Sales Price cannot be calculated for such security on any of the foregoing bases, the Closing Sales Price of such security on such date shall be the fair market value as reasonably determined by an investment banking firm selected by the Corporation, with the costs of such appraisal to be borne by the Corporation.

  • Crude Oil means any liquid hydrocarbon mixture occurring naturally in the earth whether or not treated to render it suitable for transportation and includes:

  • Liquefied petroleum gas means a mixture of light hydrocarbons (predominantly propane, butane) that is gaseous under conditions of ambient temperature and pressure and that is maintained in a liquid state by an increase of pressure or lowering of temperature;

  • Day-ahead Loss Price means the Loss Price resulting from the Day-ahead Energy Market.

  • Petroleum liquids means crude oil, condensate, and any finished or intermediate products manufactured or extracted in a petroleum refinery.

  • Diesel fuel means the same as that term is defined in Section 59-13-102.

  • Liquefied natural gas or “LNG” means natural gas that has been liquefied.

  • Tobacco products means cigars, cigarettes, cheroots, stogies, periques, granulated, plug cut, crimp cut, ready rubbed, and other smoking tobacco, snuff, snuff flour, moist snuff, cavendish, ping and twist tobacco, fine-cut and other chewing tobaccos, shorts, refuse scraps, clippings, cuttings and sweepings of tobacco, and other kinds and forms of tobacco, prepared in such manner as to be suitable for chewing or smoking in a pipe or otherwise, or both for chewing and smoking.

  • Dyed diesel fuel means diesel fuel that is dyed in accordance with internal revenue service rules or pursuant to any other internal revenue service requirements, including any invisible marker requirements.