Measurement of Quantity. The volume will be settled as Net Standard Volume (NSV) and shall be understood to be the total volume of all petroleum liquids, excluding sediment and water (BSW) at a standard temperature of sixty degrees Fahrenheit (60º F). The metering can be performed with dynamic or static metering, using the methods described in the MMH.
Appears in 2 contracts
Samples: Demand Anticipation Agreement (Gran Tierra Energy Inc.), Demand Anticipation Agreement (Gran Tierra Energy Inc.)
Measurement of Quantity. The volume Volume will be settled as Net Standard Volume (NSV) and shall be understood to be the total volume of all petroleum liquids, excluding sediment and water (BSW) at a standard temperature of sixty degrees Fahrenheit (60º F). 60° F. The metering can be performed with dynamic or static metering, using the methods described in the MMH.. The volume, over which the crude delivered by SELLER at the input flange at the Tumaco Plant will be the volume that results from application of the volumetric compensation and sent by CENIT TRANSPORTE Y
Appears in 2 contracts
Samples: Demand Anticipation Agreement (Gran Tierra Energy Inc.), Demand Anticipation Agreement (Gran Tierra Energy Inc.)
