NYMEX Natural Gas Futures Contract definition

NYMEX Natural Gas Futures Contract means the Futures Contract for natural gas on NYMEX, which is used for the physical receipt and/or delivery of gas at the Xxxxx Hub located in Erath, Louisiana.
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Examples of NYMEX Natural Gas Futures Contract in a sentence

  • A - Contract refers to the NYMEX Natural Gas Futures Contract, as approved by the CFTC, for the purchase and sale of natural gas at Henry Hub.Col.

  • The swap’s delivery location is in close proximity to the Henry Hub, and there is tight arbitrage between the two pricing hubs.2. Same commodity at different locations—The NYMEX Transco, Zone 6 Natural Gas Index Swap (Platts Gas Daily/Platts IFERC) Futures Contract provides an example of a futures contract which references an underlying spot market that is interconnected with a spot market to which the NYMEX Natural Gas Futures Contract references.

  • They will discuss the role of NYMEX Natural Gas Futures Contract in determining the value of physical natural gas.

  • This case concerns the important nexus between the wholesale interstate natural gas markets subject to our jurisdiction and the New York Mercantile Exchange (NYMEX) Natural Gas Futures Contract (the NG Futures Contract).

  • Capacity building will be geared toward the existing capacity and human resources in municipalities and will focus on (a) collecting road inventory data, (b) using the simple RAMS to monitor road conditions and program road maintenance and rehabilitation, (c) redressing citizen grievances, (d) promoting transparency in decision making, and (e) executing road maintenance activities more efficiently through improved contracting methods and inter-municipal cooperation where appropriate.

  • Under these circumstances, it is in the public interest to approve a settlement in which the Settling Respondents agree to make a payment of$7.5 million to the United States Treasury and acknowledge that they are accountable for their trading in the New York Mercantile Exchange (NYMEX) Natural Gas Futures Contract (NG Futures Contract), which raised questions about its effect on prices in the physical natural gas market.

  • NYMEX Natural Gas Futures Contract, Daily Settlement Prices and 22-Day Rolling Average, 2006 Forward The NYMEX natural gas price is converted to cents per kWh by multiplying it times the range of heat rates assumed for (i) the average California avoided natural gas-fired plant (i.e., 7,907-7,967 Btu/kWh)19 and (ii) the average avoided natural gas-fired peaking unit (i.e., 10,450-10,833 Btu/kWh).

  • The “Agreed Imbalance Settlement Price” shall be equal to the simple average of the settlement prices on last three days of trading for the NYMEX Natural Gas Futures Contract for the delivery month of August 2004, minus a $0.325 per MMBtu composite basis adjustment and plus or minus an appropriate adjustment for any royalties or taxes that Seller has previously paid on imbalance quantities in satisfaction of obligations that would otherwise have to be paid by Buyer.

  • Under certain conditions involving an acquisition or proposed acquisition by any person or group holding 15 percent or more of the Company’s outstanding common stock, the rights permit the holders to purchase from the Company one unitconsisting of one-thousandth of a share of the Company’s Series A junior participating preferred stock at a price of $19.00 per unit, subject to adjustment.

  • The West Bengal Correctional Services Act 1992 (Chapter XVI.- Labour and wages in correctional home .- Sections 56,57.

Related to NYMEX Natural Gas Futures Contract

  • Futures Contract means a Financial Futures Contract and/or Stock Index Futures Contracts.

  • Financial Futures Contract means the firm commitment to buy or sell fixed income securities including, without limitation, U.S. Treasury Bills, U.S. Treasury Notes, U.S. Treasury Bonds, domestic bank certificates of deposit, and Eurodollar certificates of deposit, during a specified month at an agreed upon price.

  • Stock Index Futures Contract means a bilateral agreement pursuant to which the parties agree to take or make delivery of an amount of cash equal to a specified dollar amount times the difference between the value of a particular stock index at the close of the last business day of the contract and the price at which the futures contract is originally struck.

  • Natural Gas or “Gas” means wet gas, dry gas, all other gaseous hydrocarbons, and all substances contained therein, including sulphur and helium, which are produced from oil or gas xxxxx, excluding those condensed or extracted liquid hydrocarbons that are liquid at normal temperature and pressure conditions, and including the residue Gas remaining after the condensation or extraction of liquid hydrocarbons from Gas such that any Gas sold under this Agreement shall be of the quality as indicated in Clause 7.

  • Futures Contract Option means an option with respect to a Futures Contract.

  • Liquefied natural gas or “LNG” means natural gas that has been liquefied.

  • Gas Transporter means the licensed operator of the transportation network through which gas is transported to you;

  • 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;

  • Commodity Futures Trading Commission means the independent regulatory agency established by congress to administer the Commodity Exchange Act.

  • Crude Petroleum means the direct product of oil wells or a mixture of the indirect products transportable like the direct products and containing not more than two percent (2%) of sediment, water, and other impurities.

  • Crude Oil means any liquid hydrocarbon mixture occurring naturally in the earth whether or not treated to render it suitable for transportation and includes:

  • Commodity means any material, article, supply, goods, or equipment.

  • Associated Natural Gas or “ANG” means Natural Gas produced in association with Crude Oil either as free gas or in solution, if such Crude Oil can by itself be commercially produced.

  • Oil and Gas Hedging Contracts means any oil and gas purchase or hedging agreement, and other agreement or arrangement, in each case, that is designed to provide protection against price fluctuations of oil, gas or other commodities.

  • Credit Risk Management Agreement The respective agreements between the Credit Risk Manager and the Servicer and/or Master Servicer regarding the loss mitigation and advisory services to be provided by the Credit Risk Manager.

  • Hedging Contract means (a) any agreement providing for options, swaps, floors, caps, collars, forward sales or forward purchases involving interest rates, commodities or commodity prices, equities, currencies, bonds, or indexes based on any of the foregoing, (b) any option, futures or forward contract traded on an exchange, and (c) any other derivative agreement or other similar agreement or arrangement.

  • Petroleum and Natural Gas Rights means the Vendor’s entire interest in those Petroleum Substances underlying the Lands in the respective formations to the extent that the same are described in Schedule “A” and are granted by the Leases, subject to the Permitted Encumbrances, and includes the interest and right of the Vendor in any lands or leases with which those Petroleum Substances have been pooled or unitized;

  • Hedging Contracts means all Interest Rate Contracts, foreign exchange contracts, currency swap or option agreements, forward contracts, commodity swap, purchase or option agreements, other commodity price hedging arrangements, and all other similar agreements or arrangements designed to alter the risks of any Person arising from fluctuations in interest rates, currency values or commodity prices.

  • Credit-sale contract means a written contract for the sale of grain pursuant to which the sale price is to be paid or may be paid more than thirty days after the delivery or release of the grain for sale and which contains the notice provided in subsection 7 of section 60-02.1-14. If a part of the sale price of a contract for the sale of grain is to be paid or may be paid more than thirty days after the delivery or release of the grain for sale, only such part of the contract is a credit-sale contract.

  • Solid Fuel means wood, coal, and other similar organic material or combination of these materials.