on joint basis

English translation: joint venture as a whole

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12:38 Jul 6, 2018
English to English translations [PRO]
Tech/Engineering - Petroleum Eng/Sci / sale and purchase agreements
English term or phrase: on joint 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 "on joint basis" mean in this particular context? Thank you in advance.
Pedro Coral Costa
Local time: 00:09
English translation:joint venture as a whole
Explanation:
Treating the buyer, which I assume is a joint venture, as a whole.
Selected response from:

Port City
New Zealand
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3 KudoZ points were awarded for this answer



Summary of answers provided
2joint venture as a whole
Port City


  

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18 hrs   confidence: Answerer confidence 2/5Answerer confidence 2/5
joint venture as a whole


Explanation:
Treating the buyer, which I assume is a joint venture, as a whole.

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