Common use of Creation of Working Gas Subaccounts Clause in Contracts

Creation of Working Gas Subaccounts. (1) VGS shall create for the market area GASPOOL and the market area of the Netherlands, respectively, two working gas subaccounts related to the contract of the customer, i.e. • a working gas subaccount regarding gas quantities, which are injected into the storage facility while using Undiscounted Transport Capacities (“Undiscounted Account”) and • a working gas subaccount regarding gas quantities, which are injected into the storage facility while using Discounted Transport Capacities (“Discounted Account”). The creation of working gas subaccounts for each adjacent network operator shall be independent from actual bookings of transport capacities by the customer with these network operators. The working gas subaccounts shall include a limit that corresponds to the total capacity working gas volume contracted under the customer’s contract.

Appears in 2 contracts

Samples: www.vng-gasspeicher.de, www.vng-gasspeicher.de

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Creation of Working Gas Subaccounts. (1) VGS shall create for the market area GASPOOL THE and the market area of the NetherlandsTTF, respectively, two working gas subaccounts related to the contract of the customer, i.e. a working gas subaccount regarding gas quantities, which are injected into the storage facility while using Undiscounted Transport Capacities (“Undiscounted Account”) and a working gas subaccount regarding gas quantities, which are injected into the storage facility while using Discounted Transport Capacities (“Discounted Account”). The creation of working gas subaccounts for each adjacent network operator shall be independent from actual bookings of transport capacities by the customer with these network operators. The working gas subaccounts shall include a limit that corresponds to the total capacity working gas volume contracted under the customer’s contract.

Appears in 1 contract

Samples: www.vng-gasspeicher.de

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Creation of Working Gas Subaccounts. (1) VGS shall create for the market area GASPOOL and the market area of the Netherlands, respectively, two working gas subaccounts related to the contract of the customer, i.e. • a working gas subaccount regarding gas quantities, which are injected into the storage facility while using Undiscounted Transport Capacities undiscounted transport capacities (“Undiscounted Account”) and • a working gas subaccount regarding gas quantities, which are injected into the storage facility while using Discounted Transport Capacities discounted transport capacities (“Discounted Account”). The creation of working gas subaccounts for each adjacent network operator market area shall be independent from actual bookings of transport capacities by the customer with these network operatorscustomer. The working gas subaccounts shall include a limit that corresponds to the total capacity working gas volume contracted under the customer’s contract.

Appears in 1 contract

Samples: www.vng-gasspeicher.de

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