SCOPE AND APPLICABILITY OF GENERAL TERMS AND CONDITIONS. This Contract defines the terms and conditions under which the Storage Facility Manager: ▪ authorises access to the Storage Facility; ▪ undertakes to withdraw Quantities of Gas delivered to it by the Customer at the Transport/Storage Interface Point for injection into the Storage Facility and to return to the Customer at a later date, at that same point, the same quantities of Gas as those previously delivered by the Customer after withdrawal from the Storage Facility; ▪ authorises Customers to exchange storage capacities and Quantities of Gas in stock. Unless specifically stated otherwise in the Contract, the Customer retains ownership of the Gas Quantities which it delivered to the Storage Facility Manager at the Transport/Storage Interface Point in order to be injected into the Storage. The Storage Facility Manager may not in any circumstances freely dispose of the Gas Quantities injected into the Storage on behalf of the Customer. These General Terms apply to all storage products and services for natural gas sold by TERÉGA and govern all Supplementary Conditions signed by the Customer.
Appears in 3 contracts
Samples: Natural Gas Storage Contract, Natural Gas Storage Contract, Natural Gas Storage Contract
SCOPE AND APPLICABILITY OF GENERAL TERMS AND CONDITIONS. This Contract defines the terms and conditions under which the Storage Facility Manager: ▪ authorises access to the Storage Facility; ▪ undertakes to withdraw Quantities of Gas delivered to it by the Customer at the Transport/Storage Interface Point for injection into the Storage Facility and to return to the Customer at a later date, at that same point, the same quantities of Gas as those previously delivered by the Customer after withdrawal from the Storage Facility; ▪ authorises Customers to exchange storage capacities and Quantities of Gas in stock. Unless specifically stated otherwise in the Contract, the Customer retains ownership of the Gas Quantities which it delivered to the Storage Facility Manager at the Transport/Storage Interface Point in order to be injected into the Storage. The Storage Facility Manager may not in any circumstances freely dispose of the Gas Quantities injected into the Storage on behalf of the Customer. These General Terms apply to all storage products and services for natural gas sold by TERÉGA and govern all Supplementary Conditions signed by the Customer.
Appears in 2 contracts
Samples: Natural Gas Storage Contract, Natural Gas Storage Contract