MONTOIR AND FOS TRANSPORT LNG TERMINAL INTERFACE Sample Clauses

MONTOIR AND FOS TRANSPORT LNG TERMINAL INTERFACE. POINTS (PITTM) In order to harmonise the interface between LNG terminals and the Network, GRTgaz operates a mechanism to automatically allocate Daily Entry Capacity at Transport LNG Terminal Interface Points on the basis of the regasification capacity subscribed with the LNG terminal’s Operator and transmitted to GRTgaz by the latter. The objective of this mechanism is to provide the Shipper with a guarantee as to the availability of Daily Entry Capacity consistent with the regasification capacity that the shipper holds on an LNG terminal(s), within the limits of the Network’s capacity. Under this mechanism, GRTgaz allocates three (3) types of Daily Entry Capacity at Transport LNG Terminal Interface Points: o an annual base capacity, calculated on the basis of the regasification capacity subscribed under a “continuous” service with the LNG terminal Operator(s), o an additional monthly capacity, calculated retrospectively on the basis of the difference between the maximum daily emission for one (1) Month and the annual base capacity, o a monthly base capacity, calculated on the basis of the regasification capacity subscribed under a “band” service and/or a “spot” service with the LNG terminal Operator(s). Each Daily Entry Capacity at a Transport LNG Terminal Interface Point specified in Appendix 2 of the Contract can be amended by GRTgaz on the basis of information provided by the LNG terminal Operator.
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