Balancing Gas definition

Balancing Gas means Gas purchased as part of a Balancing Gas Call, or sold as part of a Balancing Gas Put, by MDL.
Balancing Gas means Gas used to manage line pack on a Transmission Pipeline.
Balancing Gas means any Gas taken during a Day which is in excess of the Authorized Quantity, subject to Section 13.2 (Provision of Gas Balancing).

Examples of Balancing Gas in a sentence

  • Balancing Gas Exchange: Gas Exchange that GRTgaz uses for his own balancing.

  • A/B where: A = the total amount paid by MDL for Balancing Gas Calls completed on that Day; and B = the number of GJ of Balancing Gas Calls completed on that Day.

  • For Balancing Gas FortisBC Energy will bill on a basis proportional to the actual takes of the Shippers during the month.

  • Dominion asserts that since SVT Suppliers and their customers must pay for storage through the Aggregation Balancing Gas Charge, suppliers should be able receive value from paying for storage to serve their customers.

  • A Balancing Action means a Balancing Gas Buy or a Balancing Gas Sell under a Balancing Gas contract in respect of a Day is required.


More Definitions of Balancing Gas

Balancing Gas means Natural Gas acquired or relinquished or to be acquired or relinquished by the Transporter for the purposes set out in Part E (Balancing and Shrinkage) Section 1.1;
Balancing Gas means gas which, during the balance period, has been introduced into the transmission network or released from that network and which is purchased or sold by the system operator for the purpose of maintaining the operational capacity of the network. The quantity of the balancing gas purchased or sold during the balance period is calculated in energy units as the difference between the quantities of gas that have been introduced into and released from the transmission network during the balance period.
Balancing Gas means Gas used to manage line pack on a Transmission Pipelinepurchased as part of a Balancing Gas Call, or sold as part of a Balancing Gas Put, by MDL.
Balancing Gas. The quantity of Natural Gas imported into the NNGTS or received by NNGTS in the context of a Balancing Action effected by the Operator with the intention of balancing deliveries/receipts of Natural Gas to/from the National Transmission System and ensuring the safe, smooth and productive operation of such system.
Balancing Gas is defined in Section 3.4.
Balancing Gas is defined in Section 3.4. Balancing Gas does not include Gas which Buyer is not obligated to purchase from each Seller but which Buyer chooses to purchase from each Seller.