Acquisition (foreign crude oil)

{
  "id": "MLC-T-ENE-000009",
  "term": "Acquisition (foreign crude oil)",
  "field": "Energy",
  "definition": "All transfers of ownership of foreign crude oil to a firm, irrespective of the terms of that transfer. Acquisitions thus include all purchases and exchange receipts as well as any and all foreign crude acquired under reciprocal buy-sell agreements or acquired as a result of a buy-back or other preferential agreement with a host government.",
  "references": [
    "EIA Glossary"
  ],
  "url": "https://mlchart.com/terminology/energy/acquisition-foreign-crude-oil/"
}