Agreed Target Quantity definition

Agreed Target Quantity means the quantity of gas which GNI(UK) and NGG agree is to flow at the Interconnection Point on a Gas Flow Day as determined in accordance with paragraph 5.4;
Agreed Target Quantity means the quantity of gas, calculated in accordance with paragraphs 1.3 and 5.1, which the Operators agree is to flow at the Interconnection Point on Gas Day D;
Agreed Target Quantity has the meaning given in paragraph 1.1 of Annex F;

Examples of Agreed Target Quantity in a sentence

  • The Operators may agree to exclude the Cumulative Steering Difference Correction from the Agreed Target Quantity in respect of a Gas Flow Day in respect of which an Exceptional Event or a Gas Deficit Emergency has been notified.

  • This is understood to be due to issues with the mechanism used to calculate the Agreed Target Quantity (ATQ).

  • This is called the Agreed Target Quantity (ATQ) and is based on shipper nominations.Nominations are requests to flow an amount of gas for the day and are made to the system operator.

  • The Parties may decide to exclude the Cumulative Steering Difference Correction or any part of it from the Agreed Target Quantity in respect of a Gas Flow Day in respect of which an Exceptional Event has been notified.

  • This is called the Agreed Target Quantity (ATQ) and is based on shipper nominations.

  • Currently, GNI (UK) is required by the IA to provide NGG with an Agreed Target Quantity (‘ATQ’) that is the aggregate net confirmed nomination quantities for Ireland, Northern Ireland and the Stranraer Distribution Network.3 However, parties are experiencing issues with this arrangement.

  • As these nominations could come from Ireland, Northern Ireland and indeed GB, how the Agreed Target Quantity is calculated by GNI(UK) is included in agreements with the various system operators.Since the introduction of the Balancing Network Code and the Corrib Gas Field starting production, some shippers have tended to under nominate up to 8 pm or even 1am on the gas day.

  • To resolve the issue, NGG proposed an enabling modification, Uniform Network Code (‘UNC’) 0720S – Amendments to the Agreed Target Quantity at the Moffat Interconnection Point.

  • How the Agreed Target Quantity is calculated by GNI (UK) based on these nominations is set out in agreements with the various system operators, specifically:1.


More Definitions of Agreed Target Quantity

Agreed Target Quantity means the quantity of gas which GNI and GNI (UK) agree is to flow at the Interconnection Point on a Gas Flow Day as determined in accordance with paragraph 5.4 of Schedule 9;
Agreed Target Quantity has the meaning given in paragraph 1.1 of Annex F; (a) Intentionally deleted.

Related to Agreed Target Quantity

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