Examples of Moffat Interconnection Point in a sentence
Under Section 12, Moffat Non-IP Entry Capacity may be permanently withdrawn from the Stranraer Shipper under LTUIOLI rules and/or may be offered as Oversubscription Capacity at the Moffat Interconnection Point.
As per section 1.4 of Code Modification A063 Nominations, Imbalance Charges & Allocations, the Nominations and Allocations processes are to be administered directly by the Adjacent Transporters at the Moffat Interconnection Point as and from 1 October 2015.It therefore follows that the Moffat Agent does not have an enduring function with respect to these activities.
Given that the processing of Nominations and the Allocation methodology are to be administered directly by the Adjacent Transporters at the Moffat Interconnection Point, it follows that the Moffat Agent does not have an enduring function with respect to these activities.
Similarly, Article 9 envisages the use of an operational balancing account as part of the Allocation methodology, again requiring direct interaction between the adjacent Transporters.Given that the processing of Nominations and the Allocation methodology are to be administered directly by the Adjacent Transporters at the Moffat Interconnection Point, it follows that the Moffat Agent does not have an enduring function with respect to these activities.
Actual financial results for the coming year will vary since the balances of financial assets are expected to decline as funds are used for Company expenses.Price riskThis risk relates to fluctuations in commodity and equity prices.
The sole source of supply for Northern Ireland continues to be via the Moffat Interconnection Point with GB.1 There is also a physical interconnection point with the gas transmission system in the Republic of Ireland at Gormanston, known as the South North Interconnection Point (South North IP), however gas has yet to flow at this point on a commercial basis.
The CER has also taken into account the preference for this approach in relevant EU requirements and guidelines, as exampled in the recent market demand assessment in respect of enabling physical reverse flow at the Moffat Interconnection Point (as required under Article 7 of EU Regulation 994/2010).
It appears that the PIC has given the HR powers rather than power.
The Transporter referred to the stakeholder consultation launched jointly by Gas Networks Ireland and GNI (UK) in relation to a revised allocation methodology agreed with National Gas Grid at the Moffat Interconnection Point.
GNI (UK) is a transmission system operator for the gas interconnector between Moffat in Scotland andto the Republic of Ireland and the Isle of Man (the GNI (UK) System) , which is physically connected to the NGG System at the Moffat Interconnection Point and is responsible for balancing of the GNI (UK) System.