الترخيص لوزير البترول في التعاقد مع الهيئة وأيوك للبحث بخليج السويس ودلتا النيل

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٢٠٢١ ‫ دﯾﺴﻤﺒﺮ ﺳﻨﺔ‬١٨ ‫ ﻣﻜﺮر )ج( ﻓﻰ‬٥٠ ‫اﻟﺠﺮﯾﺪة اﻟﺮﺳﻤﯿﺔ – اﻟﻌﺪد‬

(h) “Belayim Blend” as mentioned in Article VII, means Crude Oil conventionally determined to consist of Crude Oil produced and saved from Belayim Marine Field and of Crude Oil produced and saved from Belayim Land Field. (i) “Abu Madi Gas” shall mean the Gas produced and saved from Abu Madi Lease, at any time during the life of this Agreement. (j) “Abu Madi Lease” means at any time during the life of this Agreement, the aggregate of all Gas pools discovered within Abu Madi . (k) "LPG" means Liquefied Petroleum Gas, which is a mixture

‫صو‬

principally of butane and propane liquefied by pressure and temperature.

‫رة إلك‬

(l) A "Barrel" shall consist of forty-two (42) United States gallons,

liquid measure, corrected to a temperature of sixty degrees

‫تروني‬

Fahrenheit (60°F) at atmospheric pressure of 14.696 PSIA.

(m) "Commercial Discovery" has the meaning as set forth in Article

‫ة ال ي‬

III (c).

(n) "Commercial Oil Well" means the first well on any geological

‫تد بها‬ ‫ع‬

feature which after testing for a period of not more than thirty (30) consecutive days where practical, but in any event in accordance

‫عند ال‬

with sound and accepted Petroleum industry production practices, and verified by EGPC, is found to be capable of producing at the average rate of not less than two thousand (2000) Barrels of Oil per

‫تداول‬

day (BOPD). The date of discovery of a "Commercial Oil Well" is the date on which such well is tested and completed according to the above.