Royal Decree 70/2005 Approving the Production Sharing Agreement of Mukhaizna Field

Arabic

We, Qaboos bin Said, the Sultan of Oman

after perusal of the Basic Statute of the State issued by Royal Decree 101/96,

the Oil and Minerals Law issued by Royal Decree 42/74 and its amendments,

the Corporate Income Tax Law issued by Royal Decree 47/81 and its amendments,

the Foreign Capital Investment Law issued by Royal Decree 102/94 and its amendments,

Royal Decree 67/2003 Implementing the Unified Customs Law of the Cooperation Council for the Arab States of the Gulf,

and the Production Sharing Agreement of Mukhaizna Field signed between its parties on 21 June 2005,

and in pursuance of public interest,

have decreed as follows

Article I

The mentioned Production Sharing Agreement of Makhizna Field is hereby approved.

Article II

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

Issued on: 6 Jumada Al-Thani 1426
Corresponding to: 13 July 2005

Qaboos bin Said
Sultan of Oman

Published in Official Gazette 795 issued on 16 July 2005.