Commercial Reverse Capacity definition
Commercial Reverse Capacity means the type of Capacity Product offered by the Transporter in Commercial Reverse Flow. The Commercial Reverse Capacity can be offered either as Commercial Reverse Short-Term Capacity or as Commercial Reverse Yearly Capacity; "Commercial Reverse Capacity" means the type of Standard Capacity Product offered by the Transporter in Commercial Reverse Flow. The Commercial Reverse Capacity can be offered either as Commercial Reverse Short-Term Capacity or as Commercial Reverse Yearly Capacity; Definition of “Capacity Product” is changed in “Standard Capacity Product”
Commercial Reverse Capacity means transportation capacity in the TAP Transportation System for the Eastward (Commercial) Flow transportation of Natural Gas that is made available to Shippers under a Gas Transportation Agreement at a particular Interconnection Point and that Transporter is permitted to interrupt in accordance with Section 12.4. Commercial Reverse Capacity at a particular Interconnection Point can be in the Forward IP Direction or in the Commercial Reverse IP Direction but must result in an overall Eastward (Commercial) Flow. Commercial Reverse Capacity consists of:
Examples of Commercial Reverse Capacity in a sentence
The fee structure for Commercial Reverse Capacity through the TAP Transportation System imposed by Article 4.4 of the Joint Opinion does not allow for entirely separate entry and exit bookings, and shippers must book Commercial Reverse Capacity as a combination of specific entry points and exit points.
The base capacity tariff (Trev,entry,t and Trev,exit,t,x) applicable to any Capacity Product offered as Commercial Reverse Capacity (being an interruptible product) will be 5% of the equivalent Forward Flow Capacity Product, calculated as follows.