LNG Quantity definition

LNG Quantity means the estimated quantity in MMBTU of LNG, which shall be contingent on the LNG Cargo size to be supplied by the Customer during the Term and communicated by the Customer at the time of finalization, and in any event, before execution of Schedule 1.
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LNG Quantity means the entire quantity in MMBTU of LNG to be supplied by the Customer.
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LNG Quantity. The LNG Quantity to be injected into the LNG Facility by an LNG vessel, not including any LNG Balancing Gas Quantity and Operational Gas, unless the provisions of the Network Code at any given time specify otherwise. LNG Balancing Gas Quantity and Operational Gas Offsetting (LNG Balancing Gas Quantity): The LNG Quantity for injection into the LNG Facility with the intention of it being used by the Operator for Gas Balancing and balancing the Operational Gas of the Transmission System in accordance with Chapter [8], as long as it is transported with the LNG Quantity on the same LNG vessel and is delivered to the Operator at the point where the uploading arms connect to the LNG Facility. Distribution Network User Users that have entered into a Distribution Network Usage Agreement with a Distribution Network Operator. Transmission User: Users that have entered into a Framework Agreement for Natural Gas Transmission (Transmission Agreement) with the Operator, pursuant to the provisions of article [6Α].
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Examples of LNG Quantity in a sentence

  • Key Annexes▪ Annex (a): Form of Access Request and Forms of Capacity Agreements.▪ Annexes (b) and (c): Credit Support Forms.▪ Annex (h): Gas Quantity and Quality.▪ Annex (i): LNG Quantity and Quality.b. Implementing Auction Rules for Annual Capacity Allocation Adriatic LNG will publish the Implementing Auction Rules for Annual Capacity Allocation substantially similar to the Open Season 2021 together with the notice opening the non-binding qualification phase, referred to as “Phase 1”.

  • The Service Provider will use its reasonable endeavours to supply LNG from itself and/or seek offers from other Terminal Users and provide the Customer with a price to increase the Available LNG Quantity, such that the Service Provider is able to meet the Requested Increase (in LNG) and the Customer will confirm as soon as reasonably practicable whether it wishes to increase the Available LNG Quantity at the price provided by the Service Provider.

  • Unloaded quantity of LNG Quantity of LNG unloaded from the tanker, determined in accordance with the provisions of clause 6.7. LNG transport set/ tank truck Set adapted for transporting LNG.

  • HELLENIC GAS TRANSMISSION SYSTEM OPERATOR (DESFA) S.A., hereinafterreferred to as BUYER, invites eligible Bidders to submit an Offer for the: «Supply of LNG Quantity for the Balancing of the Hellenic Natural Gas Transmission System during the Year 2016», hereinafter referred to as the SUPPLY.

  • The Service Provider will use its reasonable endeavours to supply LNG from itself and/or seek offers from other Terminal Users and provide the Customer with a price to increase the Required LNG Quantity, such that the Service Provider is able to meet the Requested Increase (in LNG) and the Customer will confirm as soon as reasonably practicable whether it wishes to increase the Required LNG Quantity at the price provided by the Service Provider.

  • LNG Quantity (in MMBTU)3825046375Total Amount (Rs. in lakhs)271.38473.89Average rate (Rs. per MMBTU)709.481021.86 Product - Ossein 1.

  • After the first election made by Seller of the Firm LNG Quantity pursuant to Section 2.2(a), not later than the twentieth (20th) day of each month, Buyer shall deliver to Seller a final three-month forward plan of delivery of the Firm LNG Quantity (“Three Month Unloading Schedule”).

  • If for any reason not expressly permitted under this Agreement, other than: (i) Force Majeure; (ii) reasons attributable to Buyer, its Affiliates or their respective agents; or (iii) reasons attributable to Buyer’s Facility, Seller fails to deliver the Minimum LNG Quantity for any year during the Term, then Seller shall be required to pay Buyer an amount equal to the Deemed Contract Price multiplied by twelve (12%) percent, as liquidated damages for such failure to deliver.

  • For purposes hereof, the “Deemed Contract Price” shall be equal to the Minimum LNG Quantity multiplied by the annual average of the monthly closing prices in US$/MMBTU as published by the New York Mercantile Exchange for the Xxxxx Hub Natural Gas futures contract for Natural Gas to be delivered during such period.

  • Without prejudice to paragraph [7], in case that a Balancing LNG Quantity is transmitted along with an LNG Quantity, any reference in the present article to LNG Quantity or LNG Quantities relates to the sum of LNG Quantity of the LNG User or of the LNG Quantity of more Users and the Balancing LNG Quantity.


More Definitions of LNG Quantity

LNG Quantity shall have the meaning set forth in Clause C.2.
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Related to LNG Quantity

  • Type B quantity means a quantity of radioactive material greater than a Type A quantity.

  • Type A quantity means a quantity of radioactive material, the aggregate radioactivity of which does not exceed A1 for special form radioactive material or A2 for normal form radio- active material, where A1 and A2 are given in Appendix O or may be determined by procedures described in Appendix O.

  • Contract Quantity means the quantity of Delivered Energy expected to be delivered by Seller during each Contract Year as set forth in the Cover Sheet.

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

  • Bill of Quantities means the priced and completed Bill of Quantities forming part of the tender.

  • Coal means any solid fuel classified as anthracite, bituminous, subbituminous, or lignite.

  • Pipeline System means each system of Pipeline Assets, Real Property and Easements relating thereto making up an integrated gathering system and gathering system, or other pipeline system.

  • Biodiesel means a fuel composed of mono-alkyl esters of long chain fatty acids derived from vegetable oils or animal fats, and, in accordance with standards specified by the American society for testing and materials, designated B100, and meeting the requirements of D-6751, as approved by the department.