Paragraph 30 Disposal of petroleumI1

United Kingdom

(1)

The Licensee shall ensure that all petroleum won and saved from the licensed area other than petroleum used therein for the purpose of carrying on drilling and production operations or pumping to field storage and refineries shall be delivered on shore in the United Kingdom unless the Minister gives notice of his consent in writing to delivery elsewhere, and in such case the Licensee shall ensure compliance with any conditions subject to which that consent is given.

(2)

Any conditions imposed by the Minister on a consent under the foregoing paragraph may, without prejudice to the generality of the Minister’s right to impose conditions of any nature, include provision—

(a)

as to the place of delivery;

(b)

as to the price to be obtained for the petroleum to which such consent relates;

(c)

as to the time within which and the manner in which payment of the price is to be made; and

(d)

requiring payment to be made to a person resident in the United Kingdom.

Annotations

Commencement

I1: Sch. 9 clause 30 in force at 15.2.1999, see art. 1