Ethane Sample Clauses

Ethane. Measurement of commercial ethane and purity ethane into and out of storage shall be made in accordance with the procedures and methods set out in Exhibit “B”. All product gains and losses incurred while commercial ethane and purity ethane are under Lessor’s control shall be for the account of Lessee in proportion to the amount of commercial ethane or purity ethane delivered into storage by Lessee since the last time any such losses were calculated except as noted in Section 17. For the purpose of this subparagraph 8 (a), ethylene and up to 1.5% methane shall be considered ethane. Any methane in excess of 1.5% will not be balanced. Lessor shall return to Lessee a volume of commercial ethane containing a quantity of ethane equal to the quantity of ethane contained in the commercial ethane delivered by Lessee for storage hereunder. If Lessor returns commercial ethane to Lessee containing more or less propane than was contained in the commercial ethane delivered by Lessee for storage hereunder, Lessor and Lessee shall quarterly balance any overages or underages of propane by the party having the overage delivering to the other party a volume of propane equal to the overage, which propane shall meet the specifications set out in Exhibit “A”. Lessor shall submit to Lessee monthly stock reports supported with appropriate receiving and shipping information showing movements of commercial ethane and purity ethane into and out of storage and the amount of commercial ethane and purity ethane remaining in storage. All propane required to be delivered to Lessor shall be delivered at the expense of Lessee to Lessor’s pipeline header facilities at Mont Belvieu, Texas, via one of the pipelines connected to such facilities. All propane required to be delivered to Lessee shall be delivered at the expense of Lessor to its pipeline header facilities at Mont Belvieu, Texas. Propane may be delivered at any other delivery point mutually acceptable to the Storage Lease (Enterprise Products NGL Marketing)
Sample 1Sample 2See All (4)
AutoNDA by SimpleDocs
Ethane. Essentially all of the ethane extracted from natural gas is consumed by the petrochemical industry as a feedstock for ethylene production. (Ethylene is a building block for polyethylene, which is the most popular plastic in the world.)  Propane. Approximately 25-30% of propane is used as a feedstock by the petrochemical industry to produce ethylene and propylene. (Like ethylene, propylene is an important building block used in the manufacture of plastics.) The bulk of the remaining demand for propane is primarily as a heating fuel in the residential and commercial markets.  Normal butane. Normal butane is used as a petrochemical feedstock for the production of ethylene and butadiene (used to make synthetic rubber), as a blendstock for motor gasoline, and as a feedstock to create isobutene.  Isobutane. Isobutane has the same molecular formula as normal butane, but a different structural formula (i.e., atoms are rearranged). Isobutane is used in refinery alkylation to enhance the octane content of motor gasoline.  Natural gasoline. Natural gasoline is used primarily as a blendstock. EXHIBIT 4 APPLICANT’S QUALIFIED PROPERTY Oneok Hydrocarbon, LP Project Description Detailed Description and Process for Proposed Project Oneok Hydrocarbon, LP is proposing to build a 4th (fourth) NGL fractionation unit (MB4 Fractionation Plant). Projected timeline for Oneok to start construction is September of 2018 and start hiring the new employees in June of 2019. This should allow for completion and commencement of commercial operations to start in December of 2019. This facility will be constructed within the reinvestment zone that was put in place for Fractionation Plants MB2, MB3, and the EP Splitter project. It will operate independently and is not dependent upon or offer enhancements to the operation of those existing plants. MB4 Fractionation Plant will have a production capacity of 125,000 barrels per day of natural gas liquids. The plant will produce industrial gases including ethane, propane, butane, n-butane and natural gasoline (CS+) products from incoming Y-Grade natural gas liquids (NGL's). The manufacturing process consists of first pre-treating the incoming NGL's with feed filters, coalescers and amine contactors to remove any impurities such as particulates, sulfides and carbon dioxide. Any residual moisture is removed from the treated NGL's by dehydrators. The NGL's are then heated under pressure and fed into the De-Ethanizer Unit where it is separated in...
Sample 1
Ethane. Essentially all of the ethane extracted from natural gas is consumed by the petrochemical industry as a feedstock for ethylene production. (Ethylene is a building block for polyethylene, which is the most popular plastic in the world.)  Propane. Approximately 25-30% of propane is used as a feedstock by the petrochemical industry to produce ethylene and propylene. (Like ethylene, propylene is an important building block used in the manufacture of plastics.) The bulk of the remaining demand for propane is primarily as a heating fuel in the residential and commercial markets.  Normal butane. Normal butane is used as a petrochemical feedstock for the production of ethylene and butadiene (used to make synthetic rubber), as a blendstock for motor gasoline, and as a feedstock to create isobutene.  Isobutane. Isobutane has the same molecular formula as normal butane, but a different structural formula (i.e., atoms are rearranged). Isobutane is used in refinery alkylation to enhance the octane content of motor gasoline.
Sample 1
Ethane. 7.2.1. The CONTRACTOR shall design the NGL Facilities and the GTL Facilities to have the ability to recover Ethane from Gas. At the GOVERNMENT’s request, CONTRACTOR shall install Ethane recovery facilities, provide that the costs of such additional facilities are commercially justifiable. The GOVERNMENT and the CONTRACTOR shall severally but not jointly sell to the GOVERNMENT or to a company or companies nominated by the GOVERNMENT (the “Ethane Buyer”), their respective Entitlements to Ethane produced under this Agreement at an Ethane Delivery Point:
Sample 1
Ethane a. Whenever ethane is manufactured and sold from the plant, the ethane attributable to the gas received at each point of delivery hereunder during any accounting period shall be determined by multiplying (1) the total volume of ethane recovered and sold from the plant attributable to all gas processed in the plant during said accounting period times (2) a fraction, the numerator of which shall be the volume of theoretical ethane attributable to Seller's gas contained in such gas during such accounting period and the denominator of which shall be the sum of the volumes of the theoretical ethane contained in all gas delivered to the plant for processing during such period.
Sample 1
Ethane. 1) The sales price for Ethane nominated for delivery in any Month shall be the lesser of (i) a price based on the following table: -------------------------------------------------------------------------------------------- VOLUMES OF ETHANE NOMINATED WOULD BE PRICED AS FOLLOWS: -------------------------------------------------------------------------------------------- * The First 0-350,000 Barrels [REDACTED] -------------------------------------------------------------------------------------------- * The Next 350,001- 600,000 Barrels [REDACTED] -------------------------------------------------------------------------------------------- * The Next 600,001 - 750,000 Barrels [REDACTED] -------------------------------------------------------------------------------------------- * or (ii) [REDACTED] which provide for deliveries of volumes * for [REDACTED] or more Barrels per Day over periods of six (6) Months or more at locations in Louisiana or Texas. With respect to any third party sales in the State of Texas, solely for the purposes of this subsection (ii), there shall be added * to the actual third party sale price [REDACTED] per Gallon. 'Confidential Treatment Requested'
Sample 1

Related to Ethane

  • Gas If Customer has selected a Gas Fixed Rate, Customer’s Price will be based on the Fixed Rate(s), plus the Administration Charge, set forth in the Application, which includes RITERATE ENERGY’s compressor fuel and transportation charges, administrative and transaction costs and the Gas Balancing Amount and any Regulatory Charges (defined below).

  • Fuel 28.1 The Vehicle must be returned with the amount of fuel equal to that at the time of the commencement of the rental. If the Vehicle is returned with less fuel, the difference will be charged to You at a rate of $5.00 including GST per litre (which includes a service component).

  • Pipelines Developer shall have no interest in the pipeline gathering system, which gathering system shall remain the sole property of Operator or its Affiliates and shall be maintained at their sole cost and expense.

  • Raw Materials Lonza shall procure all required Raw Materials as well as consumables other than those Raw Materials that are Customer Materials. Customer shall be responsible for payment for all consumables and Raw Materials ordered or irrevocably committed to be procured by Lonza hereunder. Upon cancellation of any Batch or termination of the Agreement, all unused Raw Materials shall be paid for by Customer within [***] days of invoice and at Customer’s option will either be (a) held by Lonza for future use for the production of Product, (b) delivered to Customer, or (c) disposed of by Lonza.

  • Welding Welding and use of cutting torches or cutoff saws will be permitted only in areas that have been cleared or are free of all material capable of carrying fire. Flammable debris and vegetation must be removed from within a minimum 10-foot radius of all welding and cutting operations. A shovel and a 5-gallon standard backpack water container filled and with handpump attached shall be immediately available for use in the event of a fire start. C8.212 – MARKET-RELATED CONTRACT TERM ADDITION (11/08). The term of this contract may be adjusted when a drastic reduction in wood product prices has occurred in accordance with 36 CFR 223.52. The Producer Price Index used to determine when a drastic reduction in price has occurred is stated in A20. Purchaser will be notified whenever the Chief determines that a drastic reduction in wood product prices has occurred. If the drastic reduction criteria specified in 36 CFR 223.52 are met for 2 consecutive calendar quarters, after contract award date, Contracting Officer will add 1 year to the contract term, upon Purchaser’s written request. For each additional consecutive quarter such a drastic reduction occurs, Contracting Officer will, upon written request, add an additional 3 months to the term during Normal Operating Season, except that no single 3-month addition shall extend the term of the contract by more than one year. Contracting Officer must receive Purchaser’s written request for a market-related contract term addition before the expiration of this contract. No more than 3 years shall be added to a contract's term by market-related contract term addition unless the following conditions are met:

  • Insulation In exterior walls? Yes No Unknown In ceiling/attic? Yes No Unknown In any other areas? Yes No Where? Comments:

  • Asbestos Any material that contains more than one percent asbestos and is friable or is releasing asbestos fibers into the air above current action levels established by the United States Occupational Safety and Health Administration.

  • Delivery Point (a) All Energy shall be Delivered hereunder by Seller to Buyer at the Delivery Point. Seller shall be responsible for the costs of delivering its Energy to the Delivery Point consistent with all standards and requirements set forth by the FERC, ISO-NE, the Interconnecting Utility and any other applicable Governmental Entity and any applicable tariff.

  • Natural Gas 21.1 Subject to Article 21.2, the Indian domestic market shall have the first call on the utilisation of Natural Gas discovered and produced from the Contract Area. Accordingly, any proposal by the Contractor relating to Discovery and production of Natural Gas from the Contract Area shall be made in the context of the Government's policy for the utilisation of Natural Gas and shall take into account the objectives of the Government to develop its resources in the most efficient manner and to promote conservation measures.

  • Plant The expression ‘Plant’ as used in the tender papers shall mean every temporary accessory necessary or considered necessary by the Engineer to execute, construct, complete and maintain the work and all altered, modified, substituted and additional works ordered in the time and the manner herein provided and all temporary materials and special and other articles and appliance of every sort kind and description whatsoever intended or used therefore.

Time is Money Join Law Insider Premium to draft better contracts faster.