Transpetro definition
Examples of Transpetro in a sentence
Transpetro shall use its best endeavours to expedite the obtaining of such necessary consents and agree to pay interest at LIBOR with montly rests on any outstanding sums until payment.
Transpetro undertake and Fronape International Company (FIC) hereby agrees that should FIC fail to fulfil any of its obligations under this charterparty as they fall due, then upon written notice by the Owners to Transpetro and FIC, Transpetro shall be substituted as the Charterers herein and become liable for all past and future obligations as if they had been the Charterers ab initio.
Any delay or impossibility in Transpetro obtaining official or other consents to become Charterers and to fulfil obligations hereunder shall not render void or voidable their liability to Owners in damages, as per Clause 10.
Detailed justification of the reasons why the management of the issuer believes the transaction was carried out on an arm’s length basis or involves adequate compensatory payment Given the proximity of the expiration of the current agreement in force for feedstock logistics for the Triunfo Complex and the negotiation of the feedstock supply agreement with Petrobras, Braskem renewed the contractual conditions with Transpetro to enable logistical access to the naphtha.
The vessel shall be technically operated and managed by Transpetro.
In addition, Transpetro owns the ship unloading single point mooring buoy in Tramandaí, as well as significant stake of the storage tanks, which is why it is the only existing supplier for this service.
In addition, Transpetro owns the ship unloading single point mooring buoy in Tramandaí, as well as a significant part of the storage tanks, which is why it is the only existing supplier for this service.
Such fee is obtained by multiplying the Transpetro transportation fee by an Adjustment Rate.
Agreement Parties Braskem S.A. (“Braskem”) and Petrobras Transporte S.A. – Transpetro (“Transpetro”) Relationship with the issuer Transpetro is a wholly owned subsidiary of Petróleo Brasileiro - Petrobras S.A., which in turn holds a 47.03% interest in the voting capital and a 36.15% interest in the total capital of Braskem.
Novation agreement dated December 1, 2006 between Teekay Norway AS, Navion Bergen AS, Fronape International Company and Petrobras Transporte S.A. – Transpetro.