We, Qaboos bin Said, the Sultan of Oman
after perusal of Royal Decree 26/75 Issuing the Law Governing the Administrative Apparatus of the State and its amendments,
Royal Decree 42/74 Issuing the Oil and Minerals Law,
and the Petroleum Agreement Between the Government of the Sultanate of Oman and International Petroleum Corporation, signed on 4 May 1987 Between the Minister of Oil and Minerals, representing the Government of the Sultanate, and the mentioned company,
and in pursuance of public interest,
have decreed as follows
Article 1
The mentioned petroleum agreement signed on 4 May 1987 Between the Government of the Sultanate of Oman and International Petroleum Corporation is hereby approved.
Article 2
This decree must be published in the Official Gazette, and comes into force from the date of its issuance.
Issued on: 22 Shawwal 1407
Corresponding to: 18 June 1987
Qaboos bin Said
Sultan of Oman
Published in Official Gazette 362 issued on 1 July 1987.