CREG definition

CREG means the "Commission pour la Régulation de l'Electricité et du Gaz" as referred to under Article 15/14 of the Gas Act, or any successor commission thereof.
CREG means the Colombian energy and utility regulator, Comisión de Regulación de Energía y Gas. “Debenture” means debentures issued pursuant to the Convertible Debenture Indenture.
CREG means “Comisión de Regulación de Energía y Gas”, the Republic of Colombia’s Energy and Gas Regulatory Commission.

Examples of CREG in a sentence

  • The recoverable value of these assets was determined based on its fair value with disposal costs with value hierarchy 3, which corresponds to discounted cash flows based on the hydrocarbon production curves and rates regulated by the Ministry of Mines and Energy and the Energy and Gas Regulating Commission - CREG.

  • This register is submitted to CREG at least annually, as set out in the code of conduct.

  • Comparison values such as the CREG and EMEG offer a high degree of protection and assurance that people are unlikely to be harmed by contaminants in the environment.

  • For this purpose, the CREG defines the remuneration to be paid, which is reviewed every 5 years as provided by Law.

  • However, a response from the network user will lead to a decision of the CREG on the quantities which are finally released and effective.

  • This revenue is collected by applying certain charges for the use of the STN, which are paid by retailers (demand) of the SIN, and are computed according to the methodology established by Resolution CREG 103 of 2000, which is based on the national stamp tax fees, with hourly differences for load periods, and makes it possible to remunerate transporters in the STN.

  • However, the regulations and competencies expressed in the Oil Code and the Association Contract still apply to the activities of exploration, exploitation and production of natural gas and, therefore, those activities are outside the scope of the CREG.

  • The plaintiffs had alleged instances of fraud on the part of the defendants, which were not sustained at trial.

  • Resolution CREG 024 of 1995 regulated the commercial aspects of the MEM, and Resolution CREG 025 of 1995 regulated the operational aspects of the SIN.

  • General criteria to contract for exclusive service area for distribution of natural gas are set forth in Resolutions CREG 014 of 1995 and 057 of 1996, and represent a concession system established by the Public Utilities Act assigned through public bids.


More Definitions of CREG

CREG has the meaning set forth in the preface above.

Related to CREG

  • Lacquer means a clear or opaque wood coating, including clear lacquer sanding sealers, formulated with cellulosic or synthetic resins to dry by evaporation without chemical reaction and to provide a solid, protective film.

  • Panchayat means an institution (by whatever name called) of self-government constituted under article 243B, for the rural areas;

  • MOHLTC means the Minister or the Ministry of Health and Long-Term Care, as the context requires;

  • Tabarru’ means donation for the purpose of solidarity and cooperation among the Takaful Participants and to be used to help all Takaful Participants in times of misfortune. In the context of the Company, Tabarru’ will be allocated into the Participants’ Risk Fund.

  • POPIA means the Protection of Personal Information Act, No 4 of 2013;

  • Cu means copper.

  • PMU means the Project Management Unit established in accordance with paragraph 3 of Schedule 5 to this Loan Agreement;

  • SADC means the Southern African Development Community;

  • Growler means any refillable, resealable container complying with federal law.

  • POPI means the Protection of Personal Information Act 4 of 2013;

  • Becquerel (Bq) means the SI unit of activity. One becquerel is equal to 1 disintegration or transformation per second (dps or tps).

  • GoPb means Government of the Punjab

  • OWRA means the Ontario Water Resources Act, R.S.O. 1990, c. O.40, as amended;

  • RIO means a document published by a service provider specifying terms and conditions on which the other service provider may seek interconnection with such service provider;

  • NGO means non-governmental organization;