Examples of Storage Point in a sentence
If there are several Counterparties at the Storage Point, the Shipper shall state the quantities, expressed in kWh/Hour, to be delivered at or redelivered by each Counterparty.
The Natural Gas quantities, expressed in kWh/Hour, to be delivered at or redelivered from the Storage Point every Hour of the following Gas Day, together with Shipper Code for the Shipper’s Counterparty at the Storage Point.
At the Storage Point a quantity of Natural Gas is allocated to the Shippers every Hour corre- sponding to their Accepted Nomination for each Hour.
The same shall apply, if the Shipper has one or more Capacity Agreements for the same RES Entry Point, Storage Point, Domestic Exit Zone or Exit Point.
If Natural Gas made available in the Domestic Exit Zone, the Storage Point or the Exit Point complies with the Quality and Delivery Specifications, Energinet cannot be held liable for the Natural Gas unless otherwise follows from mandatory legislation.
For as long as the Shippers deliver Natural Gas at the Entry, GTF or Storage Point in accordance with clause 11.4 b), without the Natural Gas being redelivered at the Exit Point or Network Separation Point due to such Natural Gas being off-spec and consequently rejected by the Shippers, Energinet shall pay the Shippers for such Natural Gas quantities at the price set out in the Price List.
At the Storage Point the liability and risk for the Natural Gas and the right of disposal to the Natural Gas shall pass from Energinet to Gas Storage Denmark and vice versa.
The Natural Gas quantity allocated to a Storage Customer at the Storage Point in each Hour (“Allocation”) shall be equal to the Accepted Nomination/Renomination in this Hour.
If Natural Gas made available at the Storage Point complies with the Quality and Delivery Specifications, GSD shall not be held liable for the Natural Gas unless otherwise follows from mandatory legislation.
At the Storage Point the liability and risk for the Natural Gas and the right of disposal to the Natural Gas shall pass from Energinet to Gas Storage Denmark and vice versa.In the Allocation Areas, at the Direct Sites, the Exit Point or the Network Separation Point the liability and risk for the Natural Gas and the right of disposal to such Natural Gas shall pass from Energinet to the Shipper.