Field storage tanks and storage.
Article 70
ART. 70. Field storage tanks and storage.—Exploitation concessionaire is obligated to construct and maintain at, or the vicinity of, the place or places of production, storage tanks of sufficient capacity to operate the producing field fields in accordance with good oil field practice. The holder of such concession is under obligation to store, for a period not in excess of thirty days, such royalty in kind, free of expense to the Government. Should the Government have no adequate facilities for the handling and/or storage of such petroleum after said period, the concessionaire shall supply facilities for the handling and/or storage of the same for a reasonable charge, which period and charge shall be as mutually agreed upon between the Secretary of Agriculture and Natural Resources and the concessionaire in advance: Provided, That, in no event shall the concessionaire be required to store beyond such thirty days more than one hundred thousand barrels of such petroleum at any one time, nor of any petroleum other than that produced within the area held by the concessionaire.