Examples of Natural Gas in a sentence
With a view to fully utilising the idle property held by the Group and broadening the income base of the Group, Yu Ji Pipeline Company and Shandong Natural Gas Pipeline Company entered into the Lease Framework Agreement.
Since 1 January 2017 and as of the date hereof, no rental has been paid by Shandong Natural Gas Pipeline Company to Yu Ji Pipeline Company in respect of the leasing of the Property.
IMPLICATIONS UNDER THE LISTING RULES As at the date of this announcement, Shandong Natural Gas Pipeline Company is a non-wholly owned subsidiary and hence an associate of Sinopec Corp., the indirect controlling shareholder of the Company holding approximately 60.33% of the issued share capital of the Company.
As at the date hereof, Shandong Natural Gas Pipeline Company is principally engaged in provision of natural gas pipeline transmission services.
Accordingly, Shandong Natural Gas Pipeline Company is a connected person of the Company pursuant to Rule 14A.07 of the Listing Rules and the entering into of the Lease Framework Agreement constitutes a continuing connected transaction for the Company under Chapter 14A of the Listing Rules.