Quantity Determination. The quantity of Crude Oil lifted shall be determined at the time of loading on the basis of gauging the terminal tanks before and after the lifting of such Crude Oil, or otherwise by meter reading installed on the loading line from the tanks, as approved by appropriate Government Authority. The quantity in Barrels of Crude Oil determined pursuant to the foregoing procedure shall be corrected to a temperature of sixty degree Fahrenheit (60'F) in accordance with the most currently published ASTM-IP Petroleum Measurement Tables. A copy of the concession calculation, if any, shall be submitted to the Lifting Party through it's representative. In addition, the Basic Sediment and Water ("BS&W") content, determined in accordance with Article VII 5 hereof, shall be deducted from the quantity loaded, for purposes of preparing the Bill ▇▇ Lading for such shipment and for purposes of substantiating claims about Quantity and Quality. Any substantiated loss of Crude Oil occurring in transit between the point of such determination and delivery shall be borne by the Party lifting provided such losses do not result due to differences in method of determining BS&W between the loading and discharge terminals. For differences occurring where same method of determination at both points are used, provisions of Article VIII 3 above shall apply. The retained sample shall be used in determining such loss claims.
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Quantity Determination. The quantity of Crude Oil lifted shall be determined at the time of loading on the basis of gauging the terminal tanks before and after the lifting of such Crude Oil, or otherwise by meter reading readings installed on the loading line from the tanks, as if approved by appropriate Government Authority. The quantity in Barrels of Crude Oil determined pursuant to the foregoing procedure shall be corrected to a temperature of sixty degree -77- 81 degrees Fahrenheit (60'F60 degrees F) in accordance with the most currently published ASTM-IP Petroleum Measurement Tables. A copy of the concession calculation, if any, shall be submitted to the Lifting Party through it's its representative. In addition, the Basic Sediment and Water ("BS&W") content, determined in accordance with Article VII 5 hereof, shall be deducted from the quantity loaded, for purposes of preparing the Bill ▇▇ Lading for such shipment and for purposes of substantiating claims about Quantity and Quality. Any substantiated loss of Crude Oil occurring in transit between the point of such determination and delivery point shall be borne by the Party lifting Parties as cost of operation provided such losses do not result due to differences in method of determining BS&W between the loading and discharge terminals. For differences occurring where same method of determination at both points are used, provisions of Article VIII 3 above shall apply. The retained sample shall be used in determining such loss claims.
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