(a) Any person having the right to lift for export by virtue of any equity interest, reimbursement for services, exchange or purchase, from any country, from fields actually in production, (1) an average of 150,000 barrels per day or more of crude oil for a period of at least one year, or (2) a total of 55,000,000 barrels of crude oil for a period of less than one year, or (3) a total of 150,000,000 barrels of crude oil for the period specified in the agreement, pursuant to supply arrangements with the host government, shall report the following information.
- (1) Parties (including partners and percentage interest, where applicable).
- (2) Grade or grades available; loading terminal or terminals.
- (3) Government imposed production limits, if any.
- (4) Minimum lifting obligation and maximum lifting rights.
- (5) Details of lifting options within the above limits.
- (6) Expiration and renegotiation dates.
- (7) Price terms including terms of rebates, discounts, and number of days of credit calculated from the date of loading.
- (8) Other payments to or interests retained by the host government (i.e. taxes, royalties, and any other payment to the host government) expressed in terms of the applicable rates or payment or preemption terms, or the base to which those rates or terms are applied.
- (9) Related service or other fees and cost of providing services.
- (10) Restrictions on shipping or disposition.
- (11) Other material contract terms.