Royal Decree 43/2021 Approving the Gas Concession Agreement for Block 6 between the Government of the Sultanate of Oman and Energy Development Oman SAOC

We, Haitham bin Tarik, the Sultan of Oman

after perusal of the Basic Statute of the State,

Royal Decree 33/74 regarding Companies Established by Royal Decree,

Royal Decree 48/76 regarding the Signing of Foreign and Domestic Financial Transactions,

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

Royal Decree 2/2005 Granting the Concession for the Exploration and Exploitation of Hydrocarbon in Block 6 in the Sultanate of Oman,

the Income Tax Law promulgated by Royal Decree 28/2009,

the Oil and Gas Law promulgated by Royal Decree 8/2011,

the Commercial Companies Law promulgated by Royal Decree 18/2019,

Royal Decree 128/2020 Establishing a Closed Omani Joint Stock Company Named Energy Development Oman SAOC,

the Agreement Extending and Consolidating the Concession Agreement concluded on 6 Dhu Al-Qa’dah 1425, corresponding to 19 December 2004 between the Government of the Sultanate of Oman and Private Oil Holdings Oman Limited,

and the Gas Concession Agreement for Block 6 between the Government of the Sultanate of Oman and Energy Development Oman SAOC signed on 20 April 2021,

and in pursuance of public interest,

have decreed as follows

Article I

The aforementioned gas concession agreement is hereby approved.

Article II

Any future amendments to the aforementioned gas concession agreement shall become effective in accordance with its terms and with the approval of the parties concerned.

Article III

The provisions of the aforementioned gas concession agreement shall apply regardless of any contrary provisions in laws, regulations, or directives in force in the Sultanate of Oman.

Article IV

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

Issued on: 23 Ramadan 1442
Corresponding to: 6 May 2021

Haitham bin Tarik
Sultan of Oman

Published in Official Gazette 1391 issued on 9 May 2021.