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Royal Decree

Royal Decree 16/92 Approving the Petroleum Agreement between the Government of the Sultanate and Compact Exploration Ltd

1992/16 16/1992 92/16 16/92

Arabic

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 Compact Exploration Limited signed on 16 September 1991 between the Minister of Oil and Minerals on behalf of the Government of the Sultanate and the mentioned company,

and in pursuance of public interest,

have decreed as follows

Article I

The mentioned petroleum agreement signed on 16 September 1991 between the Government of the Sultanate of Oman and Compact Exploration Limited is hereby approved.

Article II

This decree must be published in the Official Gazette, and comes into force from the date of its issuance.

Issued on: 20 Sha’ban 1412
Corresponding to: 24 February 1992

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 474 issued on 1 March 1992.