05.07.2009
End of month period when cash transactions are carried out for the next month
The ability to pump crude oil in both directions
A meter that can read the flow of electricity in both directions (such as electricity bought from the grid as well as surplus electricity generated and transmitted to the grid)
A competitive process normally held by the licensing authority (government) to promote unlicensed acreage in order to carry out exploration activities. Companies are charged to competitively apply for this acreage by a certain closing date
Entity that submits a bid in a tender