Plant Thermal Reduction definition

Plant Thermal Reduction or “PTR” shall mean the Heat Content stated in MMBTUs removed from the Gas, including removal of NGLs, Plant Fuel, Flare Gas, and incidental uses and losses, as determined in accordance with Article X.

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Plant Thermal Reduction. ("PTR") shall mean the total loss in Btu's attributable to the processing of gas, and shall include, without limitation, plant fuel, flare, shrinkage and other losses.

Plant Thermal Reduction. (“PTR”) shall mean the sum of the Hydrocarbon Shrinkage and Plant Fuel, Flare and Losses.

Examples of Plant Thermal Reduction in a sentence

• That portion of Plant Thermal Reduction attributable to the Plant Fuel, or Flare Gas incident to or occasioned by processing allocable to each Receipt Point will be allocated in the ratio that the volume of Gas measured in Heating Value from each Receipt Point bears to the total volume of gas measured in Heating Value from all receipt points.

• Theoretical Residue Gas Attributable to Supplier’s Off-Gas ** Total Quantity of Theoretical Residue Gas for all Inlet Gas ** Ratio of Supplier’s Theoretical Residue Gas ** Actual Residue Gas attributable to All Inlet Gas ** Residue Gas Attributable to Supplier’s Off-Gas ** Inlet 441-207 and Inlet 441-200 ** Residue Gas Attributable to Supplier’s Off-Gas ** Refiner’s Plant Thermal Reduction PTR ** * All volumes and amounts are fictional and intended for this example only.

More Definitions of Plant Thermal Reduction

Plant Thermal Reduction or “PTR” means the decrease in the quantity of Supplier’s Off-Gas measured in Btus as a result of Processing Supplier’s Off-Gas as further defined in Section 6.2.

Plant Thermal Reduction or “PTR” means the sum of Plant Product Shrinkage and allocated process fuel (including electricity costs) and Plant losses under the Processing Agreement, in MMBtu.

Plant Thermal Reduction or “PTR” shall mean the reduction in the thermal content of the Gas (Btu) resulting from the recovery of Liquefiable Hydrocarbons at a Gas Processing Plant.