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.
Sample 1

Examples of Imbalance Gas in a sentence

  • Balancing ChargesFirm Balancing ChargeAll Shippers, for whom the Company has an available FBT, shall pay $ 0.03440 per Dth of Gas delivered by the Company to the Shipper during the month.Interruptible Balancing ChargeShippers shall pay an Interruptible Balancing Charge of $ 0.1000 per Dth of Daily Imbalance Gas that is greater than the FBT but within the DBT.Continued On Sheet No. E-19.00 Issued December 27, 2010 by Effective for service rendered on Michael V.

  • Imbalance Gas comprises the Enbridge - Westcoast Energy and T-Service imbalances, which vary monthly; the amount shown in the first Projected column reflects the forecast value to settle the total imbalance at the end of the recorded period.

  • System Marginal Buy Price + Imbalance Gas Transportation Costs + Balancing Buy Contract Margin) x 1.1.

  • System Marginal Sell Price - Imbalance Gas Transportation Costs - Balancing Sell Contract Margin) x 0.9.

  • The Daily Imbalance Charge is calculated, for each Gas Day d, as the Transmission Imbalance for Shipper s for that Gas Day d multiplied by the Excess Imbalance Gas Price (EIGPd) for that Gas Day in case of a positive Transmission Imbalance and by the Shortfall Imbalance Gas Price (SIGPd) for that Gas Day in case of a negative Transmission Imbalance (each as defined below).

  • The Excess Imbalance Rate is escalated from 1 January 2016 on 1 January each year in accordance with the following formula:  CPIn − CPIb  IGRn = $8.00 × 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 2015.

  • Balancing ChargesFirm Balancing ChargeAll Shippers, for whom the Company has an available FBT, shall pay $ 0.03440 per Dth of Gas delivered by the Company to the Shipper during the month.Interruptible Balancing ChargeShippers shall pay an Interruptible Balancing Charge of $ 0.1000 per Dth of Daily Imbalance Gas that is greater than the FBT but within the DBT.

  • The FTA was another phase in the continuing evolution of U.S. - Canadian energy policy; one that is market- oriented and as free as possible.

  • The Euro equivalent of the System Marginal Buy Price published by National Grid for the Day plus the Imbalance Gas Transportation Costs.

  • 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 has the meaning set forth in the CAISO Tariff.

  • 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 the Gas remaining after the extraction therefrom of Plant Products, Plant fuel require­ments, and Plant losses or uses.

  • Material Gas Imbalance means, at any time, with respect to all Gas Balancing Agreements to which any Credit Party is a party or by which any Mineral Interest owned by any Credit Party is bound, a net gas imbalance at such time to all such Credit Parties in excess of, in the aggregate, three percent (3%) of the Borrowing Base then in effect.

  • 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 any mixture of hydrocarbons and noncombustible gases in a gaseous state consisting primarily of methane.

  • 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;

  • 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.

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

  • Meet-Point Billing (MPB) refers to the billing associated with interconnection of facilities between two 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-xxxx environment, each Party bills the appropriate tariffed rate for its portion of a jointly provided Switched Exchange Access Service.