Examples of Net Unloaded LNG in a sentence
III.8.12 Charges for scheduling variance applicable to Spot Capacity 8.12.1 Calculation of scheduling variance charges (a) Should the Net Unloaded LNG by a Spot User be lower than the volume of LNG corresponding to the Spot Capacity subscribed under the relevant Spot Capacity Agreement by more than ten percent (10%), the User shall pay a scheduling variance charge.
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To cover Losses and Consumption of the Regasification chain a contribution in kind, equal to a percentage value of the Net Unloaded LNG delivered, shall be paid by the Users; such percentage value is defined by the ARERA during the approval process of the tariff proposal of the Terminal Operator as from time to time updated according to article 9 comma 2 of Annex A of the ARERA Resolution n.
To cover Losses and Consumption of the Regasification chain a contribution in kind, equal to a percentage value of the Net Unloaded LNG delivered, shall be paid by the Users; such percentage value is defined by the ARERA during the approval process of the tariff proposal of the Terminal Operator as from time to time updated according to article 9 of Annex A of the ARERA Resolution n 474/2019/R/Gas and subsequent amendments, and shall be published on the Electronic Communication System.
Formula 1IF : (PQ − AQ) > (0.10 * PQ) ,Where: PQ = Aggregate annual scheduled quantities of LNG (m3) set forth in Month M-2 in each of the Three (3) Month Schedules applicable during the relevant Thermal Year;AQ = Aggregate Net Unloaded LNG (m3) during the relevant Thermal Year, then Formula 2 shall apply.
Any BTUs of Gas provided to the User from the Terminal via the vapor return line in order to facilitate the unloading operation, shall be deducted from the BTU’s delivered by User as LNG to determine the Net Unloaded LNG delivered.
III.2.8 Performance of the Regasification Service Subject to clause 5.1.5 and 6.1.8 of chapter III, the Operating Company shall perform the Regasification Service on the aggregate Net Unloaded LNG delivered during any given period by or on behalf of any User and shall be obligated to make available at the Cavarzere Entry Point a quantity of Gas containing an amount of energy equal to such aggregate Net Unloaded LNG less the Losses and Consumptions.
Formula 1 determines whether a charge for scheduling variance is due and Formula 2 determines the amount of such charge, if applicable.F ormula 1IF : PQ AQ (0.10* PQ) ,Where: PQ = Aggregate annual scheduled quantities of LNG (m3) set forth in Month M-1 in each of the Three (3) Month Schedules applicable during the relevant Thermal Year;AQ = Aggregate Net Unloaded LNG (m3) during the relevant Thermal Year, then Formula 2 shall apply.
F ormula 1IF : PQ AQ (0.10* PQ) ,Where: PQ = Aggregate annual scheduled quantities of LNG (m3) set forth in Month M-1 in each of the Three (3) Month Schedules applicable during the relevant Thermal Year;AQ = Aggregate Net Unloaded LNG (m3) during the relevant Thermal Year, then Formula 2 shall apply.
Formula 1IF : (PQ − AQ) > (0.10 * PQ) ,Where: PQ = Aggregate annual scheduled quantities of LNG (m3) set forth in Month M-2 in each of the Three (3) Month Schedules applicable during the relevant Thermal Year; AQ = Aggregate Net Unloaded LNG (m3) during the relevant Thermal Year, then Formula 2 shall apply.