purchase and sale agreement This Purchase and Sale Agreement (as may be amended, restated, supplemented or otherwise modified from time to time, this "Agreement") is entered into on January 9, 2014 (the "Execution Date"), but effective as of the Effective Time, as defined below, by and among (i)
saved for regular shipment of Crude Oil or regular Gas deliveries. Page 4 of 21 Seller: Contract Code: Page 4 of 21 Buyer: "Metric Ton" shall mean unit of weight equal to one thousand (1000) Kilograms and one (1) metric Ton of Crude Oil shall be equal to 7.4 Barrels of BLCO. Section 3. Crude Intake Point ". Large overarching operating and maintenance agreements (O&M Agreements) are uncommon in the oil and gas industry. CLAUSE 2: QUANTITY: 2.000,000.00 BARRELS If you are looking for Oil Gas Purchase Sale Agreement Template you have come to the right place. Dearybury Oil & Gas. However, should the analysis relating to the oil in any tank/s fall outside the contract specifications - (a) as to palm oil/olein/stearin and/or palm kernel oil/olein/stearin by no more than one unit in respect of iodine value; (b) as to palm acid oil/fatty acid distillate and/or palm kernel acid oil/fatty acid distillate by no more than 2% in 2.3 Samples of the Oil, sufficient for testing, shall be taken from the delivery lines by the use of automatic flow proportional line sampling . Contract Nominations ". Assisted to create new industry and customers for oil dealings. In the event specifications are prescribed in the Agreement, such specification represents the only quality characteristics which the oil is required to meet.
If the product specification as per the inspection for NNPC Export Grade fails to conform with the Bonny Light crude oil specification, as agreed upon in this contract, the price per barrel shall decrease by USD $0.02 (two United States Cents) for each 1/10th (one tenth) of a percent above 0.15% wt., Sulphur for the Crude Oil. A Crude oil pipeline throughput agreement is a contract taken by two parties, one out of which offers service while the other one, a commodity. BUYER for the sale of specified Nigerian crude oil for a period of twelve (12) months certain as shall be stipulated under the Part I and Part II of the Contract. sample bags; or, (2) airtight containers from which such samples shall be transferred into official NOPA meal sample bags as soon as practicable, but in no case later than 24 hours after loading of the shipment from which the samples were taken. QUANTITY: The quantity to be supplied shall be 1,000,000Metric Tons. Quantities: Any Reasonably Large Quantities are being sought to procure for longer term. Either tinned metal containers or high density polyethylene Commencement Date Crude Oil Volumes ". Operation of the system centers on a sample pump and electric control system. Crude oil sampling for custody transfer, fiscal, allocation or quality measurement purposes should be performed in accordance with sampling standards of ISO 3171, ASTM D 4177, API 8.2 and IP 6.2.These standards dictate a number of key design issues and steps that must be considered to ensure a system fully complies with the standards. In compliance with the Public Procurement Act INTRODUCTION: Nigerian National Petroleum Corporation (NNPC) is empowered pursuant to NNPC Act (LFN Cap. Sample Crude Oil Sales Purchase Agreement Navajo Nation Oil and Gas Company, a/k/a Navajo Nation Oil - Gas Company, Inc. ("NNOGC") recognizes and accepts that its crude oil quantities covered by this agreement are effectively required to sell under the terms of this agreement and that all other obligations incurred by NOGC under this . Dearybury Oil & Gas. purchase the said commodity.
COMMISSION: N4.00 to be Shared among the agents and facilitators on both buyer and seller sides. Industry participants are generally in the business of managing these facilities. bonny terminal through (hereinafter) referred to as "the seller", represented by_____ DEFINITIONS 2. Overall Structure Body of the master agreement covers all product groups and pipeline and tank transfers, with annexes for other delivery les and purchase agreement f. or cif bonny light crude oil (bonny terminal off - opec transaction) transaction code: (to be nominated by terminal) joint venture cif contract . Oil & Gas M&A Portal | Providing Access to a Library of Insight • Payment Mechanics • Interim period between signing and closing • Deposit, escrow agent and escrow agreement • Purchase price adjustments and settlement statements • Allocation of revenues and expenses • Purchase Price Adjustments • Hydrocarbons in storage or pipelines; operating expenses, overhead SETTLEMENTS FOR CRUDE SOYBEAN OIL. The government has also entered into exploration agreements with Total, Equinor, and Bona Vista Energy. Term LEAP Version 2.1 LEAP Version 3.0 1. For the cases which include small business, a throughput agreement becomes an indirect form of project financing. OFFICIAL SAMPLE: The Official Sample shall be three (3) one-quart samples. For purposes of this Agreement, the following terms shall have the meanings. Agreement shall apply to the storage of Non-Qualified Crude Oil, mutatis mutandis. 2.2 BUYER shall have the right to receive one gallon sealed representative sample of the Crude Oil quality to be placed aboard the tanker concerned if so . 2) Appendix ¹ 2 - Schedule of Deliveries. The systems can operate in . A sample of Full Corporate Offer (FCO). Version 3.0 . This Crude Oil Purchase Agreement (this "Agreement") dated as of January 1, 2012, is entered into between Plains Exploration & Production Company ("PXP") and ConocoPhillips Company ("CoP").PXP and CoP are sometimes collectively referred to herein as the "Parties" or individually as a "Party." ARTICLE I a.
It is designed for mixing/homogenising samples prior to analysis and is used in conjunction with the Proserv ProMix bench. ONTA is a geology company that has many. Counterparty Crude Sales Fee ". Mandate Letter Sample Crude Oil Mandate Letter Sample - electionsdev.calmatters.org crude oil mandate letter sample, Lease Crude Oil Purchase Agreement - ConocoPhillips and Approach Operating LLC (May 1, 2004) Natural Gas Gathering Agreement - Atlas Pipeline Partners LP, Atlas Pipeline Operating Partnership LP, Page 11/30 the COVA framework agreement for purchase of crude oil and oil products, with reference COVA 2016/1 (the "Framework Agreement"), are part of and applicable to (i) all tenders as referred to in the Framework Agreement (the "Purchase-tender") and (ii) any Purchase Contract (as defined below) entered into by COVA and the Seller.
LAYDAYS 4. Features and benefits • Lightweight single piston sample receiver • Parker needle valves • Volume indicator sealed sample corresponding to the delivery in question as collected and retained by the Delivery Inspector. GAS SALES. This Agreement ("The Agreement"), Made on the 02 of January, 2013 by Buyer (xxxxxxxxxxxxxxxxxxxxxxxxxxx ) and Seller .
analyzed is more than 1.3 mgKOH/Kg. GENERAL A. "Commercial Production Commencement Date" means the date on which the first regular shipments of Crude Oil or first regular deliveries of Gas are made. Commencement Date Products Volumes ". Version 2.1 vs. YZ's crude oil sampling systems are designed to capture and combine thousands of individual samples into a representative, composite sample of single-phase liquids in a flowing pipeline. GASOLINE & DIESEL FUEL SALES CONTRACT Purchase and Sale. We have many more template about Oil Gas Purchase Sale Agreement Template including template, printable, photos, wallpapers, and more. These Oil Gas Purchase Sale Agreements are actual legal documents drafted by top law firms for their clients. A sample of Letter of Intent (LOI).
This CRUDE OIL SALES AGREEMENT (" Agreement ") is entered into on March 19, 2008 and dated effective as of March 1, 2008, by and between PDVSA-Petróleo S.A., a corporation organized under the laws of the Bolivarian Republic of Venezuela (" Seller "), represented by Mr. Fernando Valera, Executive Director of Supply and Commerce, and NuStar Marketing LLC, a . 2. And certainly, no credible crude oil buyer anywhere in the world would accept to submit its Proof of Funds or financial and banking details to such an entity, or to even sign a contract with it - an entity about whom it knows practically nothing, and whose bona fides, credentials or existence as a supposed crude oil supplier, is largely . DUES . SETTLEMENTS FOR CRUDE SOYBEAN OIL. DEFINITIONS AND CONSTRUCTION. . We, on behalf the Buyer confirm, that we are ready, willing and able to, purchase the following product as per specification and in the quantity and for the price as specified in the terms and conditions as stated below and subject to final contract.
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