Balancing Quantities definition

Balancing Quantities means the quantity of Gas which satisfies the difference between the Gas quantities scheduled for delivery to Buyer's Delivery Points and the actual physical flow of Gas taken by Buyer at the Delivery Points.

Examples of Balancing Quantities in a sentence

  • The other variable costs applicable to Nominated Daily Quantities and Balancing Quantities shall be determined based upon the rates and charges applicable under each transporter’s tariff, including the sheets identified below, as well as other applicable sheets, as all of those sheets may be in effect from time to time, and costs arising under applicable agreements, including the agreements identified below, as well as this Agreement.

  • This Appendix E addresses the gas supply and other variable costs applicable to Nominated Daily Quantities and Balancing Quantities as identified below.

  • The Operator is obliged to make available to LNG Users that part of the Balancing Storage Space not used to store Balancing Quantities of LNG under the Daily Storage Space Tender Procedure, as per article [76 B].