Inside F.E.R.C. definition
Examples of Inside F.E.R.C. in a sentence
LMM will calculate the value of the cash payment by multiplying the cumulative Imbalance volume by the price as published in the Inside FERC Gas Market report for the Interconnecting Pipeline market location relevant to the agreement for the Month immediately following the statement Month.
The prices for each Month’s Gas shall be determined by the same method as for Baseload Gas, using the prices set forth in the Inside F.E.R.C. Gas Market Report, plus applicable Weighted Average Storage Variable Costs for injections.
Y = Fuel price, which is the average cost in dollars per BTU of mainline interruptible or spot market gas price for the twelve-month average for the immediately preceding July through June at Sumas, Washington, determined by reference to Inside FERC or some similar publication in the event Inside FERC is no longer published.
Inside FERC Gas Market Report (NNG Ventura Natural Gas) less the applicable transportation from the Processing Plant and the actual costs associated with all such transportation as expressed in $/MMBTU.
In the event Platts Inside FERC First of the Month Price for Colorado Interstate Gas ceases to be published or fails to report the necessary index price, Gatherer shall notify Shipper of the substitute index price to be used.
Price will be based on accepted price indexes including but not limited to, NYMEX, Gas Daily and Inside FERC.
The Base Purchase Differential, insofar as it is composed of the Fuel Gas Cost, shall be adjusted at the beginning of each Month beginning on the Effective Date by an amount attributable to the change in Fuel Gas Cost posted by Inside FERC during the current Month of actual delivery hereunder, and compared to the Base Rate, all as more fully described in Appendix 1 hereto.
For the purposes of this agreement, the Avoided Unit Fuel Cost shall be determined from gas price published in Platts Inside FERC, Gas Market Report, first of the month posting for Florida Gas Transmission (“FGT”) Zone 3, plus other charges, surcharges and percentages that are in effect from time to time.
In the event there is no posting in the Inside FERC First of Month Gas Market Report for Columbia Gas, App.
In the event the location basis is not agreed upon, the basis for each location utilized by UGI shall be that as published in the most recent Inside FERC.