GNPC definition

GNPC means the Ghana National Petroleum Corporation, a public corporation established by Provisional National Defence Council Law 64 of 1983.

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GNPC means the Ghana National Petroleum Corporation, a public corporation established by Provisional National Defence Council Law 64 of

GNPC has the meaning given in the recitals to this Agreement, and shall include any successor of GNPC (as defined therein) as a party to the Contract.

Examples of GNPC in a sentence

GNPC and Contractor shall also designate a substitute or alternate for each member.
GNPC may, if necessary and practicable, also be party to the offtake agreement.
GNPC shall provide the qualified personnel according to the said plan.
Contractor shall also permit GNPC to inspect its manuals and to review all procedures which are to be followed under the Agreement.
For this purpose, Contractor shall submit to GNPC an employment plan with number of persons and the required professions and technical capabilities prior to the performance of Petroleum Operations.
GNPC shall not, in carrying out such audit, interfere unreasonably with the conduct of Petroleum Operations.
In such case, Contractor shall reimburse GNPC for all expenses incurred by GNPC in connection with such sole risk operations, and shall make satisfactory arrangements with GNPC for the payment of a premium equivalent to seven hundred percent (700%) of such expenses.
No equipment or assets owned or leased by a Subcontractor shall by reason of the provisions of this Article 19 be deemed to be transferred to GNPC.
Copies of audit reports shall be provided to the Contractor and GNPC.
The State and GNPC undertake on receipt of such notice to negotiate in good faith with Contractor with a view to reaching agreement on terms for such production.

More Definitions of GNPC

GNPC means the Ghana National Petroleum Corporation

GNPC has the meaning given to such term in the Preamble;