English translation: Exploration & Production Contract
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I have here a contract between 2 oil companies concerning the marketing of oil products. It reads, "Rohöle, Kondensate und LPG werden von den Tochtergesellschaften an XXX verkauft, sofern die bestehenden E&P Verträge nicht einen Verkauf an Dritte vorschreiben."
Does anybody have a bright idea what "E&P Verträge" could be?