Section 2Definitions

s. 2

2. Definitions In this Act, unless there is anything repugnant in the subject or context,- (a) “continental shelf” and “economic zone” have the same meaning as in the Territorial Waters and Maritime Zones Act, 1974 (XXVI of 1974); [* * *] (c) “petroleum” means- (i) any naturally occurring hydrocarbon, whether in a gaseous, liquid or solid state; (ii) any naturally occurring mixture of hydrocarbons, whether in a gaseous, liquid or solid state; or (iii) any naturally occurring mixture of a hydrocarbon or hydrocarbons, whether in a gaseous, liquid or solid state, and one or more of the following, that is to say, hydrogen sulphide, nitrogen, helium and carbondioxide; (d) “petroleum agreement” means a production sharing agreement or any other agreement or contract relating to any petroleum operation; (e) “petroleum operation” means any activity related to exploration, development, exploitation, production, processing, refining or marketing of petroleum.

1. 1. Clause (b) was omitted by section 2 of the Bangladesh Petroleum (Amendment) Ordinance, 1976 (Ordinance No. LIV of 1976)