Regasified LNG definition
Examples of Regasified LNG in a sentence
If there is any anticipated or actual interruption or reduction in the regasification and delivery of Regasified LNG on a Gas Day then the Excess Nominated Quantity shall be reduced first, then the Daily Nomination.
For the avoidance of doubt, any Regasified LNG under a CEA shall be included in the Terminal User’s Account of the Original User.
The Operator shall be responsible for returning to the owner of such storage facility an amount of Gas equivalent to any such amount sent out from such storage facility for the account of the User, which may include delivering Regasified LNG from the User’s Inventory.
For the avoidance of doubt, any Regasified LNG under a CEA shall be included in Terminal User’s Account of the Original User.
The term of this Agreement (“Term”) shall be the period commencing on the Service Commencement Date and ending on the last day on which Spot Daily Planned Sendout will be made available to the Spot Cargo User at the Regasified LNG Delivery Point.
The Nominated Quantity and Daily Estimate for each Day thereafter shall be equal to such quantities and flow rates of Regasified LNG specified for the last Day of the most recent Daily Nomination Notice until such time as the Company serves notice in accordance with section 2.1 of this schedule.
Such service shall apply to all LNG discharged from an LNG tanker at the Terminal, stored as LNG and subsequently delivered as Regasified LNG or Boil Off (each as defined in Operator’s FERC Gas Tariff) by Operator for Customer under this Agreement.
Each User may be required to lend a portion of its Available Inventory for the purposes of enabling continuous send-out of Regasified LNG during a Reference Period at the Reference Regasification Rate to all Users with Capacity in such Reference Period.
The services shall include the appropriate injection of Regasified LNG into the Transportation System.
The delivery point for Regasified LNG sold as CEA Sendout pursuant to this Agreement shall be the Regasified LNG Delivery Point.