Common use of Creation of Working Gas Subaccounts Clause in Contracts

Creation of Working Gas Subaccounts. (1) VGS shall create for each gas transfer point of an adjacent network operator 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 gas transfer point 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. (2) A transfer of gas quantities by the customer a) between a Discounted Account and an Undiscounted Account of the contract, b) between Discounted Accounts of different market areas, c) between Undiscounted Accounts of different market areas, in both directions shall not be permitted. (3) Deviating from the foregoing section (2), item a), the customer may transfer a gas quantity from one Discounted Account of an associated market area to the Undiscounted Account of the same associated market area if the relevant adjacent network operator informs VGS of an invoicing (cf. marginal number 558 of REGENT 2021) of the corresponding gas quantities. (4) The messages regarding the working gas account balance (GASDAT or METRED), which VGS shall submit to the customer in accordance with the Operating Manual in the case of changes in the working gas account balance of the contract, shall indicate the changes in the working gas account balance of the superordinated working gas account of the contract and also the changes in the working gas account balances of the working gas subaccounts.

Appears in 1 contract

Samples: Storage Agreement

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Creation of Working Gas Subaccounts. (1) VGS shall create for each gas transfer point the market area GASPOOL and the market area of an adjacent network operator 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 gas transfer point 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. (2) A transfer of gas quantities by the customer a) between a Discounted Account and an Undiscounted Account of the contract, , b) between Discounted Accounts of different market areas, , c) between Undiscounted Accounts of different market areas, in both directions shall not be permitted. (3) Deviating from the foregoing section (2), item a), the customer may transfer a gas quantity from one Discounted Account of an associated market area to the Undiscounted Account of the same associated market area if the relevant adjacent network operator informs VGS of an invoicing (cf. marginal number 558 of REGENT 2021) of the corresponding gas quantities. (4) The messages regarding the working gas account balance (GASDAT or METREDAGV-DAYREP), which VGS shall submit to the customer in accordance with the Operating Manual in the case of changes in the working gas account balance of the contract, shall indicate the changes in the working gas account balance of the superordinated working gas account of the contract and also the changes in the working gas account balances of the working gas subaccounts.

Appears in 1 contract

Samples: Storage Agreement

Creation of Working Gas Subaccounts. (1) VGS shall create for each gas transfer point the market area GASPOOL and the market area of an adjacent network operator 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 gas transfer point 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. (2) A It shall not be possible to transfer of gas quantities by the customer a) into either direction between a Discounted Account and an Undiscounted Account of the contract, b) between Discounted Accounts of . This provision shall apply independent from whether the subaccounts are allocated to the same or different market areas. The aforementioned sentences 1 and 2 shall apply with the necessary modifications to transfers – due to gas transfers between these contracts – between the working gas subaccounts of this contract and the working gas subaccounts of another contract that is in effect regarding the Jemgum storage facility. Insofar, c) between Undiscounted Accounts of different market areas, gas transfers shall in both directions shall not principle be permittedexcluded. (3) Deviating from the foregoing section (2), item a), the customer may A transfer a of gas quantity from one quantities between two Discounted Account of an associated market area to the Accounts as well as between two Undiscounted Account Accounts of the same associated market area if contract shall be possible. Details in that regard are set out in §§ 3 and 4 of this document. The aforementioned sentences 1 to 2 shall apply with the relevant adjacent network operator informs VGS necessary modifications to transfers – due to gas transfers between these contracts – between the working gas subaccounts of an invoicing (cf. marginal number 558 this contract and the working gas subaccounts of REGENT 2021) of another contract that is in effect regarding the corresponding gas quantitiesJemgum storage facility. (4) The messages regarding the working gas account balance (GASDAT or METREDAGV-DAYREP), which VGS shall submit to the customer in accordance with the Operating Manual in the case of changes in the working gas account balance of the contract, shall indicate the changes in the working gas account balance of the superordinated working gas account of the contract and also the changes in the working gas account balances of the working gas subaccounts.

Appears in 1 contract

Samples: Storage Agreement

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Creation of Working Gas Subaccounts. (1) VGS shall create for each gas transfer point of an adjacent network operator 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 gas transfer point 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. (2) A It shall not be possible to transfer of gas quantities by the customer a) into either direction between a Discounted Account and an Undiscounted Account of the contract, b) between Discounted Accounts . This provision shall apply independent from whether these are working gas accounts of the same or different adjacent network operators or whether the subaccounts are allocated to the same or different market areas. The aforementioned sentences 1 and 2 shall apply with the necessary modifications to transfers – due to gas transfers between these contracts – between the working gas subaccounts of this contract and the working gas subaccounts of another contract that is in effect regarding the Xxxxx storage facility. Insofar, c) between Undiscounted Accounts of different market areas, gas transfers shall in both directions shall not principle be permittedexcluded. (3) Deviating from A transfer of gas quantities between two Discounted Accounts as well as between two Undiscounted Accounts of the foregoing section (2), item a), the customer may transfer a contract shall be possible. This shall apply regardless of whether these are working gas quantity from one Discounted Account of an associated market area to the Undiscounted Account accounts of the same associated market area if the relevant or different adjacent network operator informs VGS operators or whether the subaccounts are allocated to the same or different market areas. Details in that regard are set out in §§ 3 to 5 of an invoicing (cfthis document. marginal number 558 The aforementioned sentences 1 to 2 shall apply with the necessary modifications to transfers – due to gas transfers between these contracts – between the working gas subaccounts of REGENT 2021) this contract and the working gas subaccounts of another contract that is in effect regarding the corresponding gas quantitiesXxxxx storage facility. (4) The messages regarding the working gas account balance (GASDAT or METREDAGV-DAYREP), which VGS shall submit to the customer in accordance with the Operating Manual in the case of changes in the working gas account balance of the contract, shall indicate the changes in the working gas account balance of the superordinated working gas account of the contract and also the changes in the working gas account balances of the working gas subaccounts.

Appears in 1 contract

Samples: Storage Agreement

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