Petroleum (Royalties) (Onshore Crude Oil) Regulations (Chapter 62:01)
Made 1999 · Text as of 2026-10-01
Public law and official guidance, published as research. Not legal, tax or financial advice.
About this law
- Language
- English
- Kind
- Regulation
- Organisation
- Caribbean Community (CARICOM)
- Country
- Trinidad & Tobago
- Subjects
- Mineral resources
- Keywords
- minerals, mining, oil, concession, authorization/permit
- Categories
- energy
Where to read it
No source link is recorded for this law.
Text
The law's own text, section by section, as held. Each section has its own link.
(a) "production" is the production per well for the respective field ;
(b) the production formula (Production - 5) would not Production be less than 0; and
(c) the price formula (Price - 5) would not be less 5 than O. (2) The total formula would be subject to a cap of 10%. UPDATED TO DECEMBER 31ST 2009