Gas Balance definition

Gas Balance means the difference between the allocated Quantity of Transfer Gas Forward Flow at TTF and the allocated Quantity of Exit Gas or the difference between the allocated Quantity of Entry Gas Reverse Flow at the Entry Point Reverse Flow and the allocated Quantity of Transfer Gas Reverse Flow at TTF.
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Gas Balance means the difference between the allocated Quantity of Entry Gas and the allocatedQuantity of Exit Gas.
Sample 1
Gas Balance means the difference between the allocated Quantity of Entry Gas and the allocated Quantity of Exit Gas.
Sample 1

Examples of Gas Balance in a sentence

  • BBL Company shall endeavour to minimise the Gas Balance at the end of the Gas Day.

  • The Gas Balance is positive if the allocated Quantity of Transfer Gas Reverse Flow is lower than the allocated Quantity of Entry Gas Reverse Flow.

  • Returning Transferring a stock equivalent to the quantity of the Natural Gas Lent to MFGT’s name, into MFGT’s Gas Balance, in MFGT’s IT system from the Borrower’s stock in the storage facility – upon the initiative of the Borrower.

  • The Gas Balance is negative if the allocated Quantity of Exit Gas is higher than the allocated Quantity of Transfer Gas Forward Flow .

  • Xxxxxxxx explicitly understands and by signing this declaration authorizes MFGT to re-transfer to its own name in the Gas Balance and thus have disposal over the gas injected and offered as collateral by the Borrower in order to ensure that the Natural Gas Lent is returned - following it becomes aware of even the slightest deviation from the schedule of returning the Natural Gas Lent, or a material breach of contract by the Borrower.

  • Returning Transferring a stock equivalent to the quantity of the Natural Gas Lent to MFGT’s name, into MFGT’s Gas Balance, in MFGT’s IT system from the Borrower’s stock in the storage facility according to the Schedule or within the deadline specified in the Notification – basically upon the initiative of the Borrower.

  • These variable invoices shall show, if and in so far as applicable, - the reduction of the amounts chargeable that have already been invoiced in accordance with the first paragraph above and - the Quantities of Gas allocated to Shipper at the Exit Point for the applicable Month, and the amounts chargeable in accordance with the for such applicable Month variable costs, and - in case of termination of the Agreement the amounts chargeable as a result of that termination, e.g. settlement of the Gas Balance.

  • The Gas Balance is negative if the allocated Quantity of Transfer Gas Reverse Flow is higher than the allocated Quantity of Entry Gas Reverse Flow.

  • The Gas Balance is positive if the allocated Quantity of Exit Gas is lower than the allocated Quantity of Transfer Gas Forward Flow.