PETROLEUM RESOURCE RENT TAX ASSESSMENT REGULATIONS 2005 (REPEALED)
A reference to multiple use of a phase relating to the recovery of project natural gas is a reference to the use of the unit of property, at any time during the operating life of the integrated operation, in operations to recover petroleum other than project natural gas from the petroleum project.
Example 1:
An oil platform is used to recover both natural gas and liquid petroleum.
Example 2:
An oil platform is used to recover petroleum from a petroleum project outside the operation.
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Hide history note7(2)
A reference to the multiple use of a phase relating to the production of project sales gas is a reference to the use of the unit of property, at any time during the operating life of the integrated operation, to produce marketable petroleum commodities other than project sales gas from petroleum (whether or not the petroleum was recovered from the petroleum project of the operation).
Example 1:
Plant is used to produce sales gas, some of which is to be sold for direct consumption as energy.
Example 2:
Plant is used to produce sales gas from natural gas recovered outside the operation.
7(3)
A reference to the multiple use of a phase relating to the processing of project sales gas into project liquid is a reference to the use of the unit of property, at any time during the operating life of the integrated GTL operation, to process marketable petroleum commodities other than project sales gas into liquefied product (whether or not the other marketable petroleum commodities were produced in the operation).
Example:
Plant used to liquefy project sales gas is also used to liquefy sales gas produced outside the operation.
7(3A)
A reference to the multiple use of a phase relating to the combustion of project sales gas to produce electricity is a reference to the use of the unit of property, at any time during the operating life of the integrated GTE operation, to combust petroleum products other than project sales gas to produce electricity (whether or not the other petroleum products were produced in the operation).
Example:
Plant used to combust project sales gas is also used to combust sales gas produced outside the operation.
7(4)
A reference to the multiple use of a phase relating to the transportation of project product is a reference to the use of the unit of property, at any time during the operating life of the integrated operation, to transport petroleum product other than project product within the operation (whether or not the petroleum product was recovered or produced in the operation).
Example:
A pipeline from an offshore petroleum recovery platform that carries natural gas to shore, only some of which is project natural gas.
7(5)
A reference to the multiple use of a storage facility is a reference to the use of the storage facility, at any time during the operating life of the integrated operation, to store petroleum product other than project product within the operation (whether or not the petroleum product was recovered or produced in the operation).
Example:
The use of a storage facility both:
(a) to store project liquid; and (b) to store petroleum that is not project liquid.
7(6)
A reference to the multiple use of a loading facility is a reference to the use of the loading facility, at any time during the operating life of the integrated GTL operation, to load petroleum product other than project product within the operation (whether or not the petroleum product was recovered or produced in the operation).
Example:
The use of a loading facility to load petroleum product of another operation.
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