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DEEP OFFSHORE AND INLAND BASIN PRODUCTION SHARING CONTRACTS ACT

Section 10: Allocation of profit oil

1993Section 10 of 18•Federal Republic of Nigeria

Profit oil, being the balance of available crude oil after deducting royalty oil, tax oil and cost oil, shall be allocated to each party in accordance with the terms of the production sharing contract.

Cite this section

Section 10, DEEP OFFSHORE AND INLAND BASIN PRODUCTION SHARING CONTRACTS ACT (1993).

https://repo.podus.ai/laws/deep-offshore-and-inland-basin-production-sharing-contracts-act/section/10/