Examples of Hydrocarbons Law in a sentence
For example, the government passed the Hydrocarbons Law of 2005, which was meant to terminate the state’s monopoly over all hydrocarbon-related activities, from exploration to transportation.
Notwithstanding the foregoing, the Ministry may authorize the combustion of Natural Gas for short periods of time in accordance with the Hydrocarbons Law.
Indeed, the Hydrocarbons Law paved the way for new and transparent bidding processes for international investors.
Translated in Mexico Hydrocarbons Law – English Translation, THOMPSON & KNIGHT IMPACT (June 2014), https://www.tklaw.com/mexico-hydrocarbons-law-english-translation/.
Henceforth, individuals may purchase USD within fixed limits.27 January 2014“El gobierno autoriza desde el lunes compra de dólares para tenencia a personas físicas y disminuye anticipo impuesto a las ganancias”, Presidency of Argentina release, 24 January 2014.On 31 October 2014, amendments to Argentina’s Hydrocarbons Law came into effect.
Without prejudice of the foregoing, the Contractor may submit for the consideration of the Ministry of Energy the areas with shared reservoirs as provided by article 29 section I of the Hydrocarbons Law.
Regulation of the activities referred to in Title Three of the Hydrocarbons Law (Reglamento de las actividades a que se refiere el Título Xxxxxxx de xx Xxx de Hidrocarburos), Article 51.
If any Hydrocarbon bearing reservoir lying within the Contract Area extends beyond such area, the Contractor must carry out all Development and Production in respect of such Hydrocarbon bearing reservoir in accordance with the Hydrocarbons Law.
Subject to and in accordance with the Hydrocarbons Law, any interest on loans obtained by the Contractor from Affiliated Companies shall not be recoverable as a Petroleum Operations Cost, nor shall it be deductible for tax purposes when estimating any Income Tax liabilities of the Contractor.
The identity of the Technical Operator and any change thereto shall be subject to the prior approval of the Ministry in accordance with the Hydrocarbons Law.