Long Term Flexible Contract for Natural Gas Storage Services Sample Contracts

Standard Contracts

LONG TERM CONTRACT ON USING AND PROVIDING NATURAL GAS STORAGE SERVICE IN VARIABLE NUMBER OF BUNDLES (LONG TERM “FLEXIBLE” CONTRACT)
Long Term Flexible Contract for Natural Gas Storage Services • March 28th, 2018

On 28th March 2018, MFGT publicly announced an open auction for every system user under the title “Capacity Auction No. 2018/5” to book long term available storage capacities in variable number of bundles via open auction (hereinafter referred to as Auction), where the system user can modify the number of capacities under the conditions herein specified as of the start of the third storage year. During the auction a successful bid was submitted by the System User. MFGT accepted the System User’s bid. The bid constitutes Annex 4 to this Contract. Based on the Bid, Parties shall conclude the following contract on booking for the storage years 2018/2019, 2019/2020, 2020/2021 and 2021/2022.

AutoNDA by SimpleDocs
LONG TERM CONTRACT ON USING AND PROVIDING NATURAL GAS STORAGE SERVICE IN VARIABLE NUMBER OF BUNDLES (LONG TERM “FLEXIBLE” CONTRACT)
Long Term Flexible Contract for Natural Gas Storage Services • July 11th, 2016

On 201_, MFGT publicly announced an open auction for every system user under the title of “Capacity Auction No. 201_/ ” (hereinafter referred to as Auction) – to book long term available storage capacities in a variable number of bundles, which the system user may modify annually under the conditions herein specified –. During the auction a successful bid was submitted by the System User. MFGT accepted System User’s bid. The bid constitutes Annex 4 to this Contract. Based on the Bid, Parties shall conclude the following contract on booking for the storage years 201_/201_, 201_/201_, 201_/201_.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!