Natural Gas Liquids definition

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;
Natural Gas Liquids means those hydrocarbon components that can be recovered from natural gas as liquids including, but not limited to, ethane, propane, butanes, pentanes plus, condensate and small quantities of non-hydrocarbons.
Natural Gas Liquids means the indirect liquid petroleum products of oil or gas wells having an absolute vapor pressure in excess of 103 kilopascals.

Examples of Natural Gas Liquids in a sentence

  • A Pipeline-Quality Natural Gas at the tailgate of the only or last stage of gas processing to remove Natural Gas Liquids that is merchantable and marketable and otherwise in a condition suitable for transfer of ownership such that the natural gas or other gas product will be interchangeable with and accepted by a purchaser under an interstate and/or intrastate gas sales contract typical for the field or area for use by an industrial, commercial, and/or residential user.

  • The facility is a Natural Gas Liquids Extraction Plant that falls under the 211112 NAICS number.

  • Electricity Generation Heating and Cooking Transportation Fuel Industrial/Manufacturing Natural Gas Liquids (NGLs): Ethane, propane, butane and natural gasoline are low-emission hydrocarbons frequently produced along with natural gas and crude oil.

  • Such production processes and the associated surplus production are often not fully transparent in the sense that the relative contributions of involved agents are blurred; either by lack of information about the actual performance of collaborators or because of random noise in the production process or both.

  • A) merchantable and marketable Raw Mix at the point sold as such to a third party at arms' length, or (B) merchantable and marketable Natural Gas Liquids at the tailgate of a Processing Plant after fractionation that are suitable for transfer of ownership that will be interchangeable with and accepted by a purchaser for sale or use by an industrial and/or commercial user.


More Definitions of Natural Gas Liquids

Natural Gas Liquids means the hydrocarbons, such as ethane, propane, butane, and pentane, that are extracted from field gas. (40 CFR 60.631)
Natural Gas Liquids means hydrocarbons, regardless of gravity, that are separated
Natural Gas Liquids means the hydrocarbons, such as ethane, propane, butane, and pentane, that are extracted from field gas.
Natural Gas Liquids means those hydrocarbons initially in reservoir natural gas, regardless of gravity, that are separated in gas processing plants from the natural gas as liquids at the surface through the process of condensation, absorption, adsorption, or other methods.
Natural Gas Liquids means demethanized mix, ethane-propane mix, propane, normal butane, natural gasoline, isobutane, butane mix, naphtha and all purity mixtures thereof meeting specifications issued by Carrier.
Natural Gas Liquids means demethanized mix containing primarily natural gasoline, normal butane, isobutane, propane, ethane, and all mixtures thereof conforming to Carrier's specifications.
Natural Gas Liquids or “NGLs” means liquefiable hydrocarbons obtained from Natural Gas by condensation or extraction, including, but not limited to, ethane, propane, butane, pentanes and heavies;