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RA 387 Article 10

Kinds of concessions.

Article 10

ART. 10. Kinds of concessions.—Concessions may be any of the following kinds and have the following respective objects: a. Non-Exclusive Exploration Permit, which grants to the permittee the non-exclusive right to conduct geological or geophysical exploration on specified areas. b. Exploration Concession, which grants to the concessionaire the exclusive right to explore for petroleum within specified areas. c. Exploitation Concession, which grants to the concessionaire the exclusive right to develop petroleum production within the specified areas. d. Refining Concession, which grants to the concession-aire the right to manufacture or refine petroleum, or to extract its derivatives. e. Pipe Line Concession, which grants to the concessionaire the right to provide and operate pipe line systems for transporting petroleum.

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Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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