Examples of CNPCI in a sentence
Japan had concerns about China taking over an investment in the South Azadegan oilfield, with reports that China National Petroleum Corporation International (CNPCI) gained 70% share in September 2009 after Japan’s Inpex company reduced its stake from 75% in 2004 to 10% in 2006.
TEPSP (50.1%) is the operator of the SP11 project alongside CNPCI (30%) and Petropars (19.9%).
The joint venture shall have a Board of Directors of six (6) members; three (3) of them shall be appointed by RECOPE and the other three (3) by the CNPCI.
According to a government source, a disagreement over the price of oil between the Chadian authorities and CNPCI, which owns 60 per cent of the refinery, was at the root of the problem.37According to reports, a Chadian rebel group, the Popular Front for Recovery (PFR) has claimed that its forces based in Central African Republic were preparing an offensive that would put them within striking distance of Chad’s capital city, N’Djamena.
CNPCI is the operator with respect to government liaison and Woodside is the operator for all other operations and activities which includes the AD-1 drilling activity in 2018.
Verenex has extended the outside date for the CNPCI offer to August 24, 2009, drafted an arbitration claim as a contingency and suspended drilling in Libya to conserve cash. Continued to reward unitholders, generating a positive total return of 10.8% in the second quarter of 2009 and a year to date return of 20.6% to the end of June 2009.
The shares of the joint venture shall be distributed and issued by the parties in the following proportions: CNPCI 50 % and RECOPE 50%.
Companies Accounting expertise is limited outside the major companies (MCC and CNPCI) and the quality of financial and statistical records kept is weak.
Formative assessment develops the students‟ multiple intelligence.
Japan has had concerns that China could take over its investment in the South Azadegan oilfield, with reports that China National Petroleum Corporation International (CNPCI) gained 70 percent share in September 2009 after Japan’s Inpex company reduced its stake from 75% in 2004 to 10% in 2006.