NAESB WGQ definition

NAESB WGQ means the North American Energy Standards Board Wholesale Gas Quadrant.
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NAESB WGQ shall have the meaning set forth in Section 5.2(g)(iii).
Sample 1

Examples of NAESB WGQ in a sentence

  • After development testing of prior Standards for digital representation of natural gas trade events, consistent with NAESB WGQ Standard No. 6.3.1 – NAESB Base Contract for Sale and Purchase of Natural Gas (Base Contract), update prior standards based on results of testing.

  • In the event an updated version of the NAESB WGQ standards is adopted by the Commission prior to PennEast’s in-service date, the Commission directs PennEast to file revised tariff records, 30 to 60 days prior to its in-service date, consistent with the then current version.GT&C Section 39: Reservation Charge Crediting 90.

  • The responsibility for calculation and reporting of allocated quantities should rest with the party responsible for accepting NAESB WGQ allocation types.

  • Identical language was added to three additional NAESB WGQ Contracts.

  • NAESB filed a report informing the Commission that it had made additional modifications to the NAESB WGQ Version 2.0 Standards to correct various minor errors in the Nominations Related and Capacity Release Related Datasets.

  • The NAESB WGQ standards, including the standard nationwide nomination timeline, were developed to improve the speed and efficiency with which shippers can transact business across interconnecting pipelines.

  • The GISB and NAESB WGQ standards up to and including Version1.7. The ‘Internet ET’ and ‘QEDM’ standards were derived from these WGQ EDM standards.[10].2.21 ‘Internet ET’ or ‘Internet Electronic Transport’.

  • Overrun quantities should be requested on a separate transaction (NAESB WGQ Standard 1.3.19).

  • When the Transportation Service Provider (TSP) makes awards of capacity for which there have been multiple Bids meeting minimum conditions, the TSP shall award the Bids, best Bid first, until all offered capacity is awarded [NAESB WGQ 5.3.4].

  • When capacity is recalled, it may not be reput for the same Gas Day [NAESB WGQ 5.3.53].

Related to NAESB WGQ

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