Cost of Balancing Gas Sample Clauses

Cost of Balancing Gas. Before concluding the Load Balance Agreements, the Operator submits to RAE copies of such agreements, and: (a) the parameters taken into consideration in determining price per unit according to the Load Balance Agreement and the manner in which it is periodically adjusted during the course of the year, if applying, and any other charge per unit applied to the Quantity of Natural Gas delivered to the NNGS; and (b) the fixed consideration the Operator may be paying to its opposite party according to the Load Balance Agreement, and any other fixed charge and the manner of allocating these among Transmission Users. Within thirty (30) days from the date on which the information is submitted, XXX decides concerning approval of the parameter values applied in calculating price per unit and the manner of allocating the fixed consideration among NNGTS Transmission Users. The consideration per unit, as approved as described above, is promptly notified to the Transmission Users and is the Daily Gas Imbalance Price (DGIP). The fixed charge corresponding to each User according to the approved allocation method arises as described in the "NNGS Access Invoices and Charges" manual. The Operator proceeds to conclude the Balancing Agreements after obtaining XXX's approval.
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