National Petroleum Account means the account established in accordance with the Oil Revenue Law;

National Petroleum Account means the account established in accordance with the Oil Revenue Law; "National Petroleum Agency" or "Agencia Nacional do Petroleo" means the national regulatory agency established by the Government's Decree-Law 5/2004 of the 30th of June, which is responsible for the regulation and supervision of Petroleum Operations or any agency which succeeds the National Petroleum Agency with respect to some or all of its powers;

National Petroleum Account means an account opened and maintained under the terms of the Oil Revenue Law, Law No. 8/2004 of 30TH of December;

Examples of National Petroleum Account in a sentence

Payments shall be made into the National Petroleum Account in accordance with the Oil Revenue Law.
Upon Commercial Discovery the Contractor shall pay to the State by deposit into the National Petroleum Account Six Million United States dollars (U.S $6,000,000).
The Contractor shall pay to the State by deposit into the National Petroleum Account a signature bonus in the amount of Two Million United States dollars (U.S $2,000,000) in immediately available funds within ten (10) days after the execution of this Contract and delivery to the Contractor of an instrument of ratification of the Contract executed by the Prime-Minister on behalf of the Government according to Clause 26.1.

More Definitions of National Petroleum Account

National Petroleum Account means the account established in section 3 of this Law, into which all Petroleum Revenue shall be paid;

National Petroleum Account means the account established in accordance with the Oil Revenue Law; "National Petroleum Agency" or "Agência Nacional do Petróleo" means the State regulatory agency established by the Government Decree-Law 5/2004 of the 30th of June, which is responsible for the regulation and supervision of Petroleum Operations or any agency which succeeds the National Petroleum Agency with respect to some or all of its powers; "Natural Gas" or “Gas” means all gaseous hydrocarbons and inerts, including wet mineral gas, dry mineral gas, gas produced in association with Crude Oil and residue gas remaining after the extraction of liquid hydrocarbons from wet gas, but not including Crude Oil; "Oil Revenue Law" means the oil revenue law of the State, Law No. 8/2004 of the 30th of December, as amended, supplemented or replaced from time to time; "Operating Costs" means expenditures incurred and obligations made as determined in accordance with Article 2 of the Accounting Procedures; 6 "Parties" or "Party" means the parties or a party to this Contract; "Person" means any individual or legal entity, consortium, join venture, partnership, trust, heir, unincorporated or incorporated organization, or government or any agency or local entity, whether national or foreign, Resident or Non-Resident (as defined in the Petroleum Taxation Law) of Sao Tome and Principe; "Petroleum" means:

Cash Account has the meaning set forth in Section 2.1(a)(ii).
Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.
Retirement Account means any retirement or pension fund or account, listed in Iowa Code section 627.6(8)“f” as exempt from execution, regardless of the amount of contribution, the interest generated, or the total amount in the fund or account.
Stock Account means the account maintained on behalf of the Participant by the Custodian for the purpose of holding Stock acquired under the Plan.