Natural gas processing plant definition

Natural gas processing plant. (gas plant) means any processing site engaged in the extraction of natural gas liquids from field gas, fractionation of mixed natural gas liquids to natural gas products, or both. “Nonfractionating plant” means any gas plant that does not fractionate mixed natural gas liquids into natural
Natural gas processing plant means a plant used for the separation of natural gas liquids (NGLs) or non-methane gases from produced natural gas, or the separation of NGLs into one or more component mixtures.
Natural gas processing plant. (gas plant) means any processing site engaged in the extraction of natural gas liquids from field gas, fractionation of mixed natural gas liquids to natural gas products, or both, classified as North American Industrial Classification System (NAICS) code 211112 (previously Standard Industrial Classification (SIC) code 1321).

Examples of Natural gas processing plant in a sentence

  • Natural gas processing plant (gas plant) means any processing site engaged in the extraction of natural gas liquids from field gas, fractionation of mixed natural gas liquids to natural gas products, or both.

  • Natural gas processing plant (gas plant) means any processing site engaged in the extraction of natural gas liquids from field gas, or the fractionation of mixed NGL to natural gas products, or a combination of both.

  • Natural gas processing plant (gas plant) is defined in this subpart as any processing site engaged in the extraction of natural gas liquids from field gas, fractionation of mixed natural gas liquids to natural gas products, or both.

  • Natural gas processing plant (gas plant) means any processing site engaged in the extraction of natural gas liquids from field gas, fractionation of mixed natural gas liquids to natural gas products, or both, classified as North American Industrial Classification System (NAICS) code 211112 (previously Standard Industrial Classification (SIC) code 1321).

  • Depreciation is provided at rates estimated to write off the cost, less estimated residual value of each asset over its expected useful life as follows:• Natural gas processing plant – 15 years straight line• Office equipment – 3 years straight line• Vehicles – 5 years straight line Impairment An impairment test will be performed whenever events and circumstances indicate that the carrying value of the asset or CGU may exceed the estimated recoverable amount.


More Definitions of Natural gas processing plant

Natural gas processing plant means the processing equipment engaged in the extraction of natural gas liquid from natural gas or fractionation of mixed natural gas liquid to a natural gas product, or both. A Joule-Thompson valve, a dew point depression valve, or an isolated or standalone Joule-Thompson skid is not a natural gas processing plant.
Natural gas processing plant means a plant in which
Natural gas processing plant means a stationary source where the extraction of natural gas liquids from field gas or the fractionation of the liquids into natural gas products, such as ethane, propane, butane, and natural gasoline, takes place.
Natural gas processing plant. (gas plant) means any processing site engaged in the extraction of natural gas liquids from field gas, fractionation of mixed natural gas liquids to natural gas products, or both, classified as North American Industrial Classification
Natural gas processing plant means a facility for processing natural gas by removing from it natural gas liquids, sulphur or other substances;
Natural gas processing plant means a facility for processing natural gas by removing from it natural gas liquids, sulphur or substances other than water so that the natural gas meets transmission pipeline specifications;
Natural gas processing plant means a processing site that: