Common use of Imbalance Charge Clause in Contracts

Imbalance Charge. In addition to the Transmission fee and the provision of Gas for operational needs, the Shipper shall be charged / paid for its imbalance according to the respective provisions of the Operational order and the Price decision (hereinafter referred to as “Imbalance charge”). The fee for the Imbalance charge shall be rounded to 2 decimal places. Should the digit on the third decimal place be equal to or lower than 4, the figure on the second decimal place shall not be changed; and should the digit on the third decimal place be equal to or higher than 5, the figure on the second decimal place shall be increased by adding the digit 1.

Imbalance Charge. In addition to the Transmission fee and the provision of Gas for operational needs, the Shipper shall be charged / paid for its imbalance according to the respective provisions of the Operational order and the Price applicable price decision (hereinafter referred to as “Imbalance charge”). The fee for the Imbalance charge shall be rounded to 2 decimal places. Should the digit on the third decimal place be equal to or lower than 4, the figure on the second decimal place shall not be changed; and should the digit on the third decimal place be equal to or higher than 5, the figure on the second decimal place shall be increased by adding the digit 1.