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FORPPAS meaning in oil and gas

FORPPAS means Forties Pipeline Production Allocation System. The Hydrocarbon Accounting Valuation and allocation system used by Forties Pipeline System in the UK North Sea to allocate crude oil and gas products to owners…

Definition

Forties Pipeline Production Allocation System

The Hydrocarbon Accounting Valuation and allocation system used by Forties Pipeline System in the UK North Sea to allocate crude oil and gas products to owners in proportion to the value of their production.

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