Examples of Btu Daily in a sentence
To calculate the natural gas price, the CAISO will use different gas price indices for the Day-Ahead Market and the Real-Time Market and each gas price index will be calculated using at least two prices from two or more of the following publications: Natural Gas Intelligence, Btu Daily Gas Wire, Platt’s Gas Daily and the Intercontinental Exchange.
Where CTM is not being performed by LMM, Shipper shall report to LMM (a) the Day(s) of production, the Month and year in which such production is to be recognized, Mcf pressure base, Btu pressure base, Daily Mcf, Daily Btu, Daily Dth and quality of Shipper’s Gas and (b) the Gross Sales Price (as defined in Exhibit “E”) and the amount and calculation of any Gathering Fee determined using the Gross Sales Price, together with reasonable and appropriate supporting documentation.
Where CTM is not being performed by LMM, Shipper shall report to LMM (a) the Day(s) of production, the Month and year in which such production is to be recognized, Dth pressure base, Btu pressure base, Daily Mcf, Daily Btu, Daily Dth and quality of Shipper’s Gas and (b) the Gross Sales Price and the amount and calculation of any Gathering Fee determined using the Gross Sales Price, together with reasonable and appropriate supporting documentation.
The reason for the change was that the Btu Daily publication was no longer commonly used within the natural gas industry.
For purposes of calculating the Reference Price, MidAmerican would utilize the Gas Daily publication for the daily reference price and eliminate the use of the Btu Daily publication.
Where CTM is not being performed by Xxxxxxxx, Xxxxxxx’s Operator shall report to Xxxxxxxx the Day(s) of production, the Month and year in which such production is to be recognized, Mcf pressure base, Btu pressure base, Daily Mcf, Daily Btu, Daily MMBtu and quality of Shipper’s Gas.
The CAISO will use different gas price indices for the Day-Ahead Market and the Real-Time Market and each gas price index will be calculated using at least two prices from two or more of the following publications: Natural Gas Intelligence, Btu Daily Gas Wire, Platt’s Gas Daily and the Intercontinental Exchange.