Exported crude oil

“Exported crude oil” means the crude oil which is exported from the Kingdom whether by the concessionaire or other persons; and also includes any portion of crude oil sold or disposed of within the Kingdom by the concessionaire which is refined into products and such products are exported, the volume of such portion shall be calculated in accordance with the rules stipulated in Section 89 (1).

Source: Law of Information Energy, Petroleum Act (No. 4) B.E. 2514 (1989), Thailand, as of June 2013. Legislation

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