Certified metering facility of commercial petroleum volumesCertified metering facility of hydrocarbon (crude oil, gas condensate or natural gas) volumes.
This is the point where of the Custody Transfer where the ownership over hydrocarbons is commercial petroleum is passed from hydrocarbon producer to hydrocarbon buyer under the responsibility of hydrocarbon the transport company.
See Also
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Petroleum Industry / Upstream / Petroleum Production / Surface Production Operations / Production Gathering / Production Metering
[ Custody Transfer ]