Forward Gas definition

Forward Gas means Physical Gas other than On-the-Day Gas and Gas Compression Location Swaps.
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Forward Gas means Physical Gas other than On-the-Day Gas and Gas Compression Location Swaps. Forward Haul Service means in relation to a Pipeline, the traded forward haul service provided for in the Standard OTSA for the Pipeline. Gas Compression Service means a service provided by a Gas Transporter for the movement of gas from a low pressure location to a high pressure location by means of a gas compression facility. Gas Compression Services Agreement means an agreement under which a Gas Transporter provides Gas Compression Services. A Gas Compression Services Agreement may consist of one or more instruments and may be incorporated in or form part of a Gas Transportation Agreement. Gas Compression Location Swap means a Location Swap where the Swap Receipt Point and the Swap Delivery Point are also the low pressure receipt point and the high pressure delivery point for a Gas Compression Service procured by the Seller under a Gas Compression Services Agreement. Gas Day, in relation to a Product, means, subject to clause 27.12, a 24 hour period beginning at 6.00am Australian Eastern Standard Time.
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Forward Gas means Physical Gas other than On-the-Day Gas and Gas Compression Location Swaps. Forward Haul Service means in relation to a Pipeline, the traded forward haul service provided for in the Standard OTSA for the Pipeline. Gas Compression Service means a service provided by a Gas Transporter for the movement of gas from a low pressure location to a high pressure location by means of a gas compression facility. Gas Compression Services Agreement means an agreement under which a Gas Transporter provides Gas Compression Services. A Gas Compression Services Agreement may consist of one or more instruments and may be incorporated in or form part of a Gas Transportation Agreement. Gas Compression Location Swap means a Location Swap where the Swap Receipt Point and the Swap Delivery Point are also the low pressure receipt point and the high pressure delivery point for a Gas Compression Service procured by the Seller under a Gas Compression Services Agreement.
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Examples of Forward Gas in a sentence

  • Article 56, paragraph 56.1 of the Rules provides that offers/bids shall be submitted to the MT-GAS (Forward Gas Market) in accordance with the terms and conditions established by the Technical Rules.

  • At any rate, the withdrawal shall have effect only after the Contracting Party has carried out transactions of opposite sign in order to close his/her contractual positions existing in the Forward Gas Market upon submission of the notice of withdrawal and, anyway, only after the Contracting Party has met his/her obligations in connection with his/her participation in the Market.

  • For the purposes of this clause, each Forward Gas Transaction described in paragraph (b) is a ‘Relevant Transaction’.

  • Forward Gas Price Index Under the recommended approach, a specific formula would be established to determine the potential future price of gas over the period for which the unit’s start-up or minimum load bid would be in effect.

  • We are considering organising a seminar over the summer with energywatch and Ofgem to share ideas on flexible purchasing policies with these smaller energy users.The DTI hosted the seminar on Forward Gas prices on 16 May.

  • The distribution of Debt Securities was effected through three separate investment vehicles: Gold Purchase and Sale Agreements; 15% Gold- Referenced Principal Unsecured Debentures; and Forward Gas Purchase and Delivery Agreements.

  • Forward Gas Sale As part of the acquisition agreement with Columbia Energy Group, the Company assumed a forward gas sales obligation with Mahonia II Limited (Mahonia).


More Definitions of Forward Gas

Forward Gas means Physical Gas other than Balance-of-Day Gas. Gas Day, in relation to a Product, means a 24 hour period beginning at the time specified in the relevant Product Specification.
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Forward Gas means Physical Gas other than Balance-of-Day Gas.
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Related to Forward Gas

  • Natural Gas or “Gas” means wet gas, dry gas, all other gaseous hydrocarbons, and all substances contained therein, including sulphur and helium, which are produced from oil or gas xxxxx, excluding those condensed or extracted liquid hydrocarbons that are liquid at normal temperature and pressure conditions, and including the residue Gas remaining after the condensation or extraction of liquid hydrocarbons from Gas such that any Gas sold under this Agreement shall be of the quality as indicated in Clause 7.

  • Forward Hedge Shares means all Common Stock borrowed by the Forward Purchaser and offered and sold by the Forward Seller in connection with any Forward that has occurred or may occur in accordance with the terms and conditions of this Agreement. Where the context requires, the term “Forward Hedge Shares” as used herein shall include the definition of the same under the Alternative Distribution Agreements.

  • Forward Hedge Selling Period means, subject to Section 2(c) hereof, the period of one to 20 consecutive Trading Days (as determined by the Company in the Company’s sole discretion and specified in the applicable Placement Notice (as amended by the corresponding Acceptance, if applicable) specifying that it relates to a “Forward”) beginning on the date specified in the applicable Placement Notice (as amended by the corresponding Acceptance, if applicable) or, if such date is not a Trading Day, the next Trading Day following such date and ending on the last such Trading Day or such earlier date on which the Forward Seller shall have completed the sale of Forward Hedge Securities in connection with the applicable Forward; provided that if, prior to the scheduled end of any Forward Hedge Selling Period (x) any event occurs that would permit the Forward Purchaser to designate a “Scheduled Trading Day” as an “Early Valuation Date” (as each such term is defined in the Master Forward Confirmation) under, and pursuant to the provisions opposite the caption “Early Valuation” in Section 2 of the Master Forward Confirmation or (y) a “Bankruptcy Termination Event” (as such term is defined in the Master Forward Confirmation) occurs, then the Forward Hedge Selling Period shall, upon the Forward Seller becoming aware of such occurrence, immediately terminate as of the first such occurrence. Any Forward Hedge Selling Period then in effect shall immediately terminate upon the termination of this Agreement pursuant to Section 9 or Section 13 hereof and as set forth in Sections 2(b) and 4 hereof.

  • Forward Hedge Price means, for any Forward Contract, the product of (x) an amount equal to one (1) minus the Forward Hedge Selling Commission Rate for such Forward Contract; and (y) the Volume-Weighted Hedge Price.

  • Forward Contract means, for each Forward, the Confirmation evidencing such Forward between the Company and the Forward Purchaser or an Alternative Forward Purchaser.

  • Forward Hedge Selling Commission means, for any Forward Contract, the product of (x) the Forward Hedge Selling Commission Rate for such Forward Contract and (y) the Volume-Weighted Hedge Price.

  • Forward Purchaser has the meaning set forth in the introductory paragraph of this Agreement.

  • Forward Hedge Amount means, for any Forward, the amount specified as such in the Placement Notice for such Forward (as amended by the corresponding Acceptance, if applicable), which amount shall be the target Aggregate Sales Price of the Forward Hedge Securities to be sold by the Forward Seller or an Alternative Forward Seller in respect of such Forward, subject to the terms and conditions of this Agreement or the Alternative Distribution Agreement, as applicable.

  • FX Forward Contract is defined in Section 2.1.3.

  • Forward Hedge Selling Commission Rate means, for any Forward Contract, a rate mutually agreed to between the Company, the Forward Seller and the Forward Purchaser and recorded in the applicable Placement Notice (as amended by the corresponding Acceptance, if applicable), up to 2.0%.

  • Master Forward Confirmation means the Master Confirmation for Issuer Share Forward Sale Transactions, dated as of the date hereof, by and among the Company, the Operating Partnership and the Forward Purchaser, including all provisions incorporated by reference therein.

  • Gas means natural gas, manufactured gas, synthetic natural gas, liquefied petroleum gas or propane-air gas, or a mixture of any of them, but does not include a liquefied petroleum gas that is distributed by means other than a pipeline;

  • Ethanol blended gasoline means the same as defined in section 214A.1.

  • Transport Gas means the gas purchased by a Customer from a supplier other than KUB that Customer has arranged to have Delivered to KUB for delivery to the Customer by KUB.

  • Liquefied petroleum gas means a mixture of light hydrocarbons (predominantly propane, butane) that is gaseous under conditions of ambient temperature and pressure and that is maintained in a liquid state by an increase of pressure or lowering of temperature;

  • Natural Gas Liquids means those hydrocarbon components that can be recovered from natural gas as a liquid including, but not limited to, ethane, propane, butanes, pentanes plus, and condensates;

  • MMBtu means one million British Thermal Units.

  • Fuel Gas means Gas used as fuel for the operation of the Transportation System.

  • Associated Gas means the gas cap overlying a crude oil accumulation in a reservoir.

  • Crude Oil means any liquid hydrocarbon mixture occurring naturally in the earth whether or not treated to render it suitable for transportation and includes:

  • Electricity means Active Energy and Reactive Energy.

  • Residue Gas means that portion of all Gas, as measured at the tailgate of the Gas Plant, remaining after the extraction therefrom of Plant Products, Gas Plant and field fuel requirements, and Gas Plant and field losses or uses of Gas at the Gas Plant.

  • Condensate means hydrocarbon liquid separated from natural gas which condenses due to changes in the temperature or pressure and remains liquid at standard conditions.

  • Financial Futures Contract means the firm commitment to buy or sell fixed income securities including, without limitation, U.S. Treasury Bills, U.S. Treasury Notes, U.S. Treasury Bonds, domestic bank certificates of deposit, and Eurodollar certificates of deposit, during a specified month at an agreed upon price.

  • Crude Petroleum means the direct product of oil wells or a mixture of the indirect products transportable like the direct products and containing not more than two percent (2%) of sediment, water, and other impurities.

  • Compressed natural gas means a mixture of hydrocarbon gases and vapors that consists primarily of methane in gaseous form that has been compressed for use as a fuel to propel a motor vehicle.