Processed Condensate definition

Processed Condensate means a petroleum product derived from condensate that: (i) has been adequately processed through a distillation tower at a stabilizer, splitter or other distillation facility; (ii) has remained segregated; (iii) has not been blended with other hydrocarbons since its distillation; and (iv) meets any and all federal, state and local legal, administrative and regulatory requirements necessary for such product to qualify for exportation as EAR99 under the Export Administration Regulations.
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Processed Condensate means liquid hydrocarbons that have been processed through a distillation tower or similar process or equipment.
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Examples of Processed Condensate in a sentence

  • The field gathering system and CGP in Area 11 will be owned and operated by Sundance after closing the Acquisition.The Processed Condensate Purchase Agreement and Crude Oil Purchase Agreement provide for the Midstream Partner to purchase crude oil and condensate at each CGP.

Related to Processed Condensate

  • Condensate means hydrocarbon liquid separated from natural gas which condenses due to changes in the temperature or pressure and remains liquid at standard conditions.

  • Ethanol blended gasoline means the same as defined in section 214A.1.

  • Bulk gasoline plant means a gasoline storage and distribution facility with an average daily throughput of 20,000 gallons (76,000 liters) of gasoline or less on a 30-day rolling average.

  • Geothermal fluid means water in any form at temperatures greater than 120

  • Gas means any mixture of hydrocarbons and noncombustible gases in a gaseous state consisting primarily of methane.

  • embedded generator means a generator who is not a market participant and whose generation facility is connected to a distribution system of a distributor, but does not include a generator who consumes more electricity than it generates;