Imbalance Gas definition

Imbalance Gas means the difference between a Transporter’s receipts and deliveries of natural gas for the complete transportation path of the gas to the Points of Delivery.
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Imbalance Gas shall m ean the difference between a Tr ansporter’s receipts and deliveries of natural gas for the complete transportation path of the gas to the Points of Delivery.
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Examples of Imbalance Gas in a sentence

  • Such difference, positive or negative, shall be deemed the Imbalance Gas with positive amounts being the Quantity of Gas due Shipper and negative amounts being the Quantity due Gatherer.

  • The Imbalance Gas shall be eliminated over time through the nomination and delivery process by Shipper nominating less Gas than is actually delivered if the Imbalance Gas account is negative and by Shipper nominating more Gas than is actually delivered if the Imbalance Gas account is positive.

  • If the cumulative Imbalance reflected on the Monthly statement submitted to Shipper pursuant to Section 4.2 is greater than Xxxxxxx’s Confirmed Nomination(s) during the statement period, then Shipper shall Balance with Xxxxxxxx by reducing the Imbalance Gas as closely as practicable to zero (0) during the Month following the delivery of such statement (“Balancing Period”) in the manner described in (i.) or (ii.) below.

  • Imbalance Gas Rate has the meaning given to it in clause 9.9(b)(ii) Inaccurate means measuring the, with respect to any measurement of a quantity of Gas with an inaccuracy of, that the measurement is inaccurate to a greater extent than the relevant limit prescribed by clausesclause 15.13(a)(i) or 15.13(a)(ii) (as the case may be).

  • The Excess Imbalance Rate is escalated from 1 January 2010 on 1 January each year in accordance with the following formula:  CPIn  CPIb  IGRn  $2.50  1  0.67CPIb where: IGRn is the Imbalance Gas Rate for the relevant year (expressed in $ per GJ); CPIn means the CPI for the quarter ending on 30 September in the year prior to the year in respect of which the Excess Imbalance Rate is being escalated; and CPIb means the CPI for the quarter ending on 30 September 2008.

Related to Imbalance Gas

  • Imbalance means the difference between Deliveries to KUB for a Customer and Redeliveries by KUB to the Customer.

  • Imbalance Energy means the amount of energy in MWh, in any given Settlement Period or Settlement Interval, by which the amount of Facility Energy deviates from the amount of Scheduled Energy.

  • Imbalances means over-production or under-production or over-delivery or under-delivery with respect to Hydrocarbons produced from the Properties, regardless of whether the same arise at the wellhead, pipeline, gathering system, transportation system, processing plant, or any other location, including any imbalances under gas balancing or similar agreements, production handling agreements, processing agreements, and/or gathering or transportation agreements.

  • NGLs means natural gas liquids.

  • Imbalance Charges means any fees, penalties, costs or charges (in cash or in kind) assessed by a Transporter for failure to satisfy the Transporter’s balance and/or nomination requirements.

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

  • Total hydrocarbons (THC) means the sum of all volatile compounds measurable by a flame ionization detector (FID).

  • 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.

  • Material Gas Imbalance means, with respect to all Gas Balancing Agreements to which the Borrower or any other Credit Party is a party or by which any Oil and Gas Property owned by the Borrower or another Credit Party is bound, a net overproduced gas imbalance to the Borrower and the other Credit Parties, taken as a whole, in excess of 110,000 Mcf.

  • Delivery Point means the point(s) of connection(s) at which energy is delivered into the Grid System i.e. the Interconnection Point.

  • 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;

  • 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.

  • Hydrocarbon means a compound consisting of hydrogen and carbon, which, when naturally occurring, may also contain other elements such as sulphur;

  • Hydrocarbons means oil, gas, casinghead gas, drip gasoline, natural gasoline, condensate, distillate, liquid hydrocarbons, gaseous hydrocarbons and all products refined or separated therefrom.

  • 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;

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

  • Gathering System means that portion of Gatherer’s pipeline system, including all appurtenances thereto, related to the provision of gathering and transportation services provided by Gatherer pursuant to this tariff.

  • 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;

  • Vapor balance system means a combination of pipes or hoses which create a closed system between the vapor spaces of an unloading tank and a receiving tank such that vapors displaced from the receiving tank are transferred to the tank being unloaded.

  • Meet Point A point, designated by the Parties, at which one Party’s responsibility for service begins and the other Party’s responsibility ends.

  • Delivery Points means: (i) for natural gas transported by interstate pipelines, the city gate stations of your Utility, and (ii) for electricity, one or more points at which Company, as your agent, has arranged for the delivery of electricity to a third party (such as your Utility) for your account or at your premises.

  • Product Group or “the Group” means a group of lotteries that has joined together to offer a product pursuant to the terms of the Multi-State Lottery Agreement and the Product Group’s own rules.

  • Pipeline means any pipe, pipes, or pipelines used for the intrastate transportation or transmission of any solid, liquid, or gaseous substance, except water.

  • Feedstock Gas means natural gas used as a raw material for its chemical properties in creating an end product.

  • Meet-Point Billing (MPB means the billing associated with interconnection of facilities between two (2) or more LECs for the routing of traffic to and from an IXC with which one of the LECs does not have a direct connection. In a multi-bill environment, each Party bills the appropriate tariffed rate for its portion of a jointly provided Switched Exchange Access Service.

  • INTER-CONNECTION POINT/ DELIVERY/ METERING POINT means a single point at 220kV or above, where the power from the Project(s) is injected into the identified ISTS Substation (including the dedicated transmission line connecting the Projects with the substation system) as specified in the RfS document. Metering shall be done at this interconnection point where the power is injected into. For interconnection with grid and metering, the WPDs shall abide by the relevant CERC/ SERC Regulations, Grid Code and Central Electricity Authority (Installation and Operation of Meters) Regulations, 2006 as amended and revised from time to time.