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Petroleum and Gas (Royalty) Regulation 2021
sec.8What is project gas
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sec.8 What is project gas
Petroleum produced by a petroleum producer in a royalty return period is project gas if— the petroleum is gas; and the petroleum is produced by the petroleum producer as a member of an LNG project; and the petroleum is not domestic gas.
- (a) the petroleum is gas; and
- (b) the petroleum is produced by the petroleum producer as a member of an LNG project; and
- (c) the petroleum is not domestic gas.