• Oman

    • His Majesty the Sultan issues Royal Decree on approval of the oil agreement

    By on March 6, 2022
    His majesty the Sultan
    His majesty the Sultan

    Muscat: His Majesty Sultan Haitham bin Tarik has issued a Royal Decree, the text of which follows.

    Royal Decree No. 12/2222 approving the petroleum agreement between the Government of the Sultanate of Oman, Al Majd Gas Development Company LLC and Shell Integrated Oman Gas Plc. In and Marsa Liquefied Natural Gas Company LLC and Shell Development Company Oman LLC for Area No. (10)

    After perusal of the Basic Law of the State, the Oil and Gas Law promulgated by Royal Decree No. 8/2011, and the petroleum agreement between the Government of the Sultanate of Oman, Al Majd Gas Development Company LLC and Shell Integrated Oman Gas B.V. In and Marsa Liquefied Natural Gas Company LLC and Shell Development Company Oman LLC for Zone No. (10) signed on December 21, 2021,

    Article one
    approves the aforementioned petroleum agreement.

    second subject

    The provisions of the aforementioned Petroleum Agreement shall apply regardless of any provisions to the contrary in laws, royal decrees or regulations in force in the Sultanate of Oman on the date this decree comes into force.

    Article Three
    This decree shall be published in the Official Gazette, and shall come into force from the date of its issuance.

    Issued on: 28 Rajab 1443

    more recommended stories

    Terms of Use:

  • This website Arabian Daily is an individual’s property, not used for any commercial or sales purposes. What you see here are one’s random thoughts in action. I, by no means, endorse any product or party through this, unless stated explicitly.
  • All work you will find here is copyrighted unless stated otherwise. No part of this work can be reproduced in any way with the exception of a) if you share our work, it should link back to this website; b) if you quote any part of our work, it should be properly credited to us with a link to this website.
  • All images used on this website have been taken from open source image websites on the Internet. If any of them are copyrighted to you and you want us to take them down or add credits, please feel free to contact us here, or by using the contact form on this page.
  • The views expressed on Arabian Daily are solely ours. They do not represent any party or any particular school of thought. This website does not promote racism in any form.
  • Privacy Policy:
    This website will respect the readers’ and the writer’s privacy. We do not sell any of their personal or contact information to another company. We do not put your information on spam lists. Also, and more importantly, we are not responsible for the privacy practices of any of our advertisers or website commenters.
  • Reserve Rights: We reserve the right to change the focus on this website, to shut it down, sell it or to change the terms of use at our own discretion.