Storage Gas Balance definition

Storage Gas Balance means the quantity of natural gas held by Pipeline for Customer's account at any given point in time under a particular Service Agreement.
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Storage Gas Balance means the Quantity of Gas, expressed in dekatherms, held by Southwest in storage for Shipper's account at any point in time.
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Storage Gas Balance means the Quantity of Gas, expressed
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Examples of Storage Gas Balance in a sentence

  • For the sole purpose of calculating Customer's Storage Gas Balance to determine the initial decline in Customer's Daily Entitlement, Pipeline shall multiply Customer's actual Storage Gas Balance by a factor of 1.176.

  • For purposes other than calculating the initial decline in Customer's Daily Entitlement, Customer's Storage Gas Balance shall remain equal to Customer's actual inventory in storage.

  • Failure to comply with the Minimum Turnover requirements shall result in Seller deducting the applicable quantity from Buyer's Storage Gas Balance.

  • Annex-II FORM OF BANKERS' CERTIFICATE FROM A SCHEDULED BANK (To besubmitted by the Tenderer)(To be given by the banker on its letter head and in a sealed envelope addressed to RBI, Ahmedabad) 1.

  • The Storage Gas Balance of Buyer at any particular time shall be the quantity of gas in storage for Buyer's account at such time.

  • If Customer's Storage Gas Balance at the end of any Day is less than or equal to 10 percent of Customer's Storage Capacity, then Pipeline's obligation to make deliveries to Customer shall be reduced by 37 percent of such Customer's Storage Demand.

  • Pipeline will continue to inject gas for balancing purposes under FTNN, but Customer's Storage Gas Balance will not be credited with such quantities for the purposes of establishing Customer's daily entitlement to withdraw gas, as set forth in Section 8 of this Rate Schedule, until March 31 of the Winter Period in which the operational flow order is in effect, unless the gas is received by Pipeline at the Receipt Points specified in the EBB notice.

  • To the extent not otherwise provided in Customer's Service Agreement, if at the end of any Day Customer's Storage Gas Balance is less than or equal to 35 percent, but greater than 16 percent of Customer's Storage Capacity, then Pipeline's obligation to make deliveries to Customer shall be reduced by 8 percent of such Customer's Storage Demand.

  • Each Customer must maintain a Storage Gas Balance equal to or greater than the following percentages of Storage Capacity on each Day during the following Winter Period months: December35%January35%February15% B.

  • Excess Delivery from Buyer's Storage Gas Balance Charge: A charge per Dt for all gas withdrawn from storage for Buyer's account in excess of Buyer's firm withdrawal entitlement comprised of the sum of Columbia's FSS Overrun Charges and SST Overrun Charges.


More Definitions of Storage Gas Balance

Storage Gas Balance means the quantity of
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Related to Storage Gas Balance

  • Tank means an enclosed space which is formed by the permanent structure of a ship and which is designed for the carriage of liquid in bulk.

  • Receipt Point means the receipt/inception point(s) where Crude Oil is received into the Gathering System, as such points are specified in Section II of this tariff.

  • Refinery means a facility used to produce motor fuel from crude oil, unfinished oils, natural gas liquids, or other hydrocarbons and from which motor fuel may be removed by pipeline, by marine vessel, or at a rack.

  • Greenhouse Gas means carbon dioxide, methane, nitrous oxide, hydrofluorocarbons, perfluorocarbons, and sulfur hexafluoride.