Regasification Service definition

Regasification Service means, the receipt of LNG Tankers, Unloading, Storage, Regasification of LNG and Redelivery at the point where the Terminal is connected to the transmission system of the energy equivalent of gas of the LNG delivered, less Losses and Consumption of the Regasification chain. [“Servizio di Rigassificazione” in the Italian text]
Regasification Service means, together, the activities performed by the Operating Company at the Terminal, of Unloading, Storage, Regasification and Redelivery, in each case in accordance with article 1.1, letter (c) of resolution no. 120 issued by the Gas and Electric Power Authority on 30 May 2001. [“Servizio di Rigassificazione” in the Italian text]
Regasification Service means, collectively, the making available of Subscribed Capacity by the Operating Company to a User and the activities performed by the Operating Company at the Terminal of Unloading, Storage and Regasification, in each case in accordance with article 1.1, letter (c), of the AEEG Resolution no. 120 of 30 May 2001. [“Servizio di Rigassificazione” in the Italian text]

Examples of Regasification Service in a sentence

  • The Operating Company may, at its sole discretion, at any time appoint and replace any contractor(s) or sub-contractor(s), including ECOS s.r.l. or any other company appointed and authorised by the Operating Company to provide, in whole or in part, the Regasification Service, including the operational management and maintenance of the Terminal pursuant to the International Safety Management Code and ISO 9001, 14001 and OHSAS 18001 (the O&M Contractor).

  • In the case of transfer of regasification capacity, the charges payable for the Regasification Service by the Transferee for the transferred regasification capacity will be those envisaged by the Transferring User’s Capacity Agreement for such capacity.

  • The Operating Company shall provide the User with the Regasification Service defined in Clause 1.4.1.2 below under the terms and conditions stated in this Regasification Code and in accordance with the Terminal Manuals.

  • If the User does not request all or any portion of the Regasification Service made available by the Operating Company (including in circumstances where Force Majeure causes or results in the User being unable to use the Regasification Service), the User will not be entitled to an equivalent amount of Regasification Service at a later date in lieu of such unused or unrequested Regasification Service, subject to the provisions of Clause 5.2.1.2.

  • The allocation of regasification capacity implies the allocation of the transport capacity required for the provision of the Regasification Service.

  • Without prejudice to cases of intent or gross negligence on the part of the Operating Company, in the event that the Off-Spec Gas is definitively refused by SRG and the Gas is Off-Spec due to the Operating Company’s Default, the Regasification Service Charges owed by the User will be reduced in proportion to the quantities of Off-Spec Gas made available and redelivered at the Redelivery Point.

  • The Gas consumption required for the activities associated with the operation of the Terminal, i.e. both that required for the basic operation of the Terminal and that associated with the provision of the Regasification Service, is not considered to give rise to excise duty since such uses are connected with the regasification activity.

  • Because of the difficulty of measuring economic losses to the beneficiaries of the foregoing covenants as a result of a breach, and because of the immediate and irreparable damage that would be caused to such beneficiaries for which they would have no other adequate remedy, each of TSI and XXXXXX agree that in the event of breach by either Party of the applicable covenant, such covenant may be enforced by the non-breaching Party by, without limitation, injunctions and restraining orders.

  • In order to carry out the appropriate maintenance work in the utmost safety, complementary operations are required such as, for example: the emptying of pipes or other parts of the Terminal and decontamination, stopping the plant and the subsequent cooling, filling and activation of the plant itself.The Users and Small Scale Users accept that the aforementioned activities are necessary and may have an impact on the actual availability of the Regasification Service and the Small Scale Service.

  • The allocation of regasification capacity once the Gas Year has started relates to the Continuous Regasification Service and refers to the offer and allocation of Available Delivery Slots that may be assigned by the Operating Company following the determination of the Annual Unloading Schedule and the Ninety Day Unloading Schedule, if applicable.

Related to Regasification Service