SCA CIRCULAR NO. 1/99 - S.C. TRANSIT DUES OF NATURAL GAS CARRIERS (LNG)

ARTICLE ONE:
TRANSIT DUES RATE OF NATURAL GAS CARRIERS SHALL REMAIN IN FORCE AS PER THE TABLE OF DUES ATTACHED TO CIRCULAR NO. 6/98 APPLIED AS OF 1/1/99. MEANWHILE, THE REBATE OF 35% OF TRANSIT DUES GRANTED TO THIS CATEGORY OF SHIPS SHALL ALSO REMAIN UNCHANGED, AS STATED IN ITEM 2 OF THE EXPLANATORY NOTE ATTACHED TO CIRCULAR NO. 3/97.

ARTICLE TWO:

FIRST:
IN ADDITION TO THE REDUCTION GRANTED TO LNG'S IN ARTICLE ONE, FURTHER REBATES, TO LIQUEFIED NATURAL GAS QUANTITIES TRANSPORTED THROUGH THE SUEZ CANAL SHALL BE GIVEN AS SHOWN HEREUNDER:

A. 5% ON THE SUEZ CANAL TRANSIT DUES FOR THE ROUND TRIP OF THE SAME CARRIER, IF GAS QUANTITIES TRANSPORTED THROUGH THE SUEZ CANAL BY ONE INDIVIDUAL CLIENT DURING ONE YEAR STARTING FROM THE DATE OF CONTRACTING WITH SCA, EXCEED HALF A MILLION TONS AND UP TO ONE MILLION.
B. 10% ON THE SUEZ CANAL TRANSIT DUES FOR THE ROUND TRIP OF THE SAME CARRIER, IF GAS QUANTITIES TRANSPORTED BY ONE INDIVIDUAL CLIENT DURING ONE YEAR STARTING FROM THE DATE OF CONTRACTING WITH SCA, EXCEED ONE MILLION TONS AND UP TO TWO MILLION TONS.
C. 15% ON THE SUEZ CANAL TRANSIT DUES FOR THE ROUND TRIP OF THE SAME CARRIER, IF GAS QUANTITIES TRANSPORTED BY ONE INDIVIDUAL CLIENT DURING ONE YEAR STARTING FROM THE DATE OF CONTRACTING WITH SCA, EXCEED TWO MILLION TONS.

SECOND:
REDUCTIONS STATED IN ARTICLE TWO, ITEM FIRST (A, B, C) SHALL BE SETTLED UPON THE RETURN TRIP ONCE THE BILL OF LADING AND THE CARGO MANIFEST HAVE DULY BEEN SUBMITTED.

THIRD:
ANY CLIENT WHO WISHES TO BENEFIT FROM THE SAID REDUCTIONS, ARTICLE TWO, ITEM FIRST (A, B, C) SHALL SUBMIT A REQUEST STATING ALL NECESSARY INFORMATION AS PER THE FORM BELOW, ADEQUATELY IN ADVANCE OF TRANSIT. A SPECIAL FILE ON THE CLIENT'S CARRIERS SHALL BE INITIATED TO FOLLOW UP THEIR TRIPS AND CALCULATE THEIR RELEVANT GAS QUANTITIES THAT HAVE ALREADY BEEN TRANSPORTED.

 THIS CIRCULAR TAKES EFFECT AS OF THE DATE OF ISSUE I.E. 6/6/99.

 

PARTICULARS FOR VOLUME INCENTIVE FILE (VIF) NOTICE OF LIQUEFIED NATURAL GAS TRANSIT

CLIENT NAME

 

V.I.F. NO.

 

VESSEL NAME

 

DATE OF LAST TRANSIT

/

 /

1999

BALLAST

 

LADEN

 

LIQUEFIED NATURAL GAS QUANTITY

ESTIMATED DATE OF ARRIVAL

/

 /

1999

BALLAST

 

LADEN

 

LIQUEFIED NATURAL GAS QUANTITY

 

PORT OF ORIGIN 

PORT OF DESTINATION 

PREVIOUS VESSEL NAME 

(IF RECENTLY CHANGED) 

 

NOTES: 

THIS FORM TO BE FORWARDED TO SCA ADMEASUREMENT SECTION AT LEAST ONE WEEK PRIOR TO DATEOF TRANSIT.

USE BLOCK LETTERS TO FILL THE FORM