English Translation) Gas pipeline project agreement
EXHIBIT
10.5
(English
Translation)
Part
A:
Dashiqiao Gas Management Office
Part
B:
Tianjin SingOcean
The
duty of Part A:
| 1. |
According
to Part A’s agreement, Part B can do the construction of gas pipeline
facilities.
|
| 2. |
Part
A shall help Part B to get all approves of local
government.
|
| 3. |
Part
A shall provide Part B all the building-schedule of residence community,
public projects.
|
| 4. |
Part
A provides the water, electricity for project; Part B assumes the
expense.
|
| 5. |
Part
A provides Part B the construction site, and solves the possible
disputes.
|
| 6. |
Part
A is responsible for maintenance and safety of its pipeline, in the
events
of accidents caused by Part A, Part A assumes the
loss.
|
| 7. |
Part
A can not change the locations of any pipelines and facilities without
Part B’s agreement.
|
| 8. |
In
the events of any other projects disturbing the Part B, Part A shall
notice Part B 10 days ahead.
|
| 9. |
After
project finished, Part A shall pay the connection fee (RMB2600/Household)
to Part B.
|
The
duty of Part B:
| 1. |
Part
B will do the project according to the National regulations of Gas
Pipeline.
|
| 2. |
Part
B assures provide Part A the national standard natural gas, the heat
and
pressure of pipeline. Keeping Part A’s equipment running
normally.
|
| 3. |
In
the events of Part B stops provide gas to Part A because of equipment
accidents or temporary maintenance, Part B shall notice Part A
immediately. Part A shall take all the necessary measures to minimize
the
loss.
|
| 4. |
In
the events of stopping gas providing caused by Part B’s fault, Part B
assumes the loss of Part A according to
Contract.
|
| 5. |
Part
B owns the property right of gas station, pipeline and
facilities.
|
Each
of
the parties shall retain two original.
