equity basis

English translation: in proportion to shareholding

12:39 Jul 6, 2018
English to English translations [PRO]
Tech/Engineering - Petroleum Eng/Sci / sale and purchase agreements
English term or phrase: equity basis
This expression appears in the following sentence, with deals with sale and purchase agreements.

"gas will be sold on joint basis (not equity basis)."

I cannot provide any more context.

What does "equity basis" mean in this particular context? Thank you in advance.
Pedro Coral Costa
Local time: 01:36
English translation:in proportion to shareholding
Explanation:
In proportion to shareholding by each of the JV partners.
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Port City
New Zealand
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Summary of answers provided
2in proportion to shareholding
Port City


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18 hrs   confidence: Answerer confidence 2/5Answerer confidence 2/5
in proportion to shareholding


Explanation:
In proportion to shareholding by each of the JV partners.

Port City
New Zealand
Native speaker of: Native in JapaneseJapanese
PRO pts in category: 6
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