Gas Storage Year definition
Gas Storage Year the period from 1 April in any year to (and including) the next 31 March;
Gas Storage Year means the period commencing on April 1st of one year and ending on March 31 of the immediately following year.
Examples of Gas Storage Year in a sentence
GSB shall issue a Maintenance Notice for planned Maintenance in the next Gas Storage Year, specifying for such next Gas Storage Year the scheduled planned Maintenance Hours (if any) and the imf or wmf for such Hours.
The Outage LD Cap for a Gas Storage Year shall equal the Outage LD Cap for the previous Gas Storage Year, multiplied with the CPI for the previous calendar year and divided by the CPI for the calendar year before the previous calendar year, in accordance with the following formula: Outage LD Cap (Gas Storage Year n) = Outage LD Cap (Gas Storage Year n-1) * CPI (year n-1) / CPI (year n-2) whereby Gas Storage Year n starts on 1 April of year n.