Section 4
Right To Conduct Petroleum Operations
4. Right to Conduct Petroleum Operations:
(1) Government of Nepal shall have the exclusive right to carry out Petroleum Operations.
(2) Government of Nepal may conduct Petroleum Operations by
itself or cause such Petroleum Operations to be conducted by any
Contractor.
(3) Government of Nepal shall have the right to participate as an
investor or otherwise in Petroleum Operations to be conducted under a
Petroleum Agreement.