Hydrocarbons Law definition

Hydrocarbons Law means the Hydrocarbons Law published in the Official Gazette of the Federation on August 11, 2014, including amendments and supplements thereto.

Hydrocarbons Law means Law No. 8/2006 dated 3 November 2006 of Equatorial Guinea.

Hydrocarbons Law means Law No. 2289/95 entitled "prospecting, exploration and exploitation of Hydrocarbons and other provisions” as in force.

Examples of Hydrocarbons Law in a sentence

• Notwithstanding the foregoing, the Ministry may authorize the combustion of Natural Gas for short periods of time in accordance with the Hydrocarbons Law.

• 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.

• Indeed, the Hydrocarbons Law paved the way for new and transparent bidding processes for international investors.

• 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.

• All Petroleum Operations and the Contractor are subject to the provisions of the Hydrocarbons Law and the Petroleum Regulations in effect from time to time.

• The Contractor shall duly plug all the Xxxxx and decommission all facilities and equipment in order to avoid contamination and harm to the environment and possible damage to the reservoir, in accordance with the Hydrocarbons Law, the other laws of Equatorial Guinea and generally accepted practice of the international petroleum industry.

• The Contractor shall prepare and deliver to the Ministry a plan for the decommissioning of all Xxxxx, facilities and equipment, the rehabilitation of the landscape and the continuation of Petroleum Operations, if applicable, in accordance with the Hydrocarbons Law.

• In accordance with generally accepted practice of the international petroleum industry and the Hydrocarbons Law, the Contractor shall provide all funds necessary for the conduct of Petroleum Operations in the Contract Area including the purchase or rental of all facilities, equipment, materials and other goods required for the performance of such Petroleum Operations.

• 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.

• The Contractor shall be responsible for the preparation and implementation of all Annual Work Programs which shall be performed in accordance with this Contract, the Hydrocarbons Law and generally accepted practice of the international petroleum industry.

More Definitions of Hydrocarbons Law

Hydrocarbons Law means Decree-Law No. 7/1981 of 16 June, as amended. ----------------

Hydrocarbons Law means the Hydrocarbons Law of Mexico (Ley de Hidrocarburos) enacted on August 14, 2014, as amended and restated from time to time.

Hydrocarbons Law means Decree-Law No. 8/2006 dated 3 November 2006 of Equatorial Guinea. Income Tax means that tax levied on the each of the Parties comprising the Contractor and all other applicable Persons pursuant to and in accordance with the Tax Law. Initial Exploration Period means a period of [insert number] Contract Year(s) from the Effective Date, subdivided into two sub-periods of [insert number] Contract Year(s) each.

Hydrocarbons Law means Federal Law No. 17,319, as amended and supplemented;

Hydrocarbons Law means Law No. 17,319, as amended and supplemented by laws No. 24,076, 26,197 and 27,007 and any other federal law rule and regulation that may be applicable or that may hereafter replace or modify such laws, rules and regulations.