Common use of QGP Trading Location Clause in Contracts

QGP Trading Location. Product Specification for Balance-of-Day Physical Gas for Delivery at the QGP Trading Location Delivery Point The QGP Trading Location, at the Delivery Point specified in the Offer, being one of the following: Run 3 Run 10 as defined in schedule 2 for the QGP Trading Location. All other terms Except for the Delivery Point, this Product Specification is the same as the Product Specification for Balance-of-Day Physical Gas for Delivery at the RBP Trading Location in item 1 of this schedule. 3 SWQP Trading Location Product Specification for Balance-of-Day Physical Gas for Delivery at the SWQP Trading Location Delivery Point The SWQP Trading Location, at the Delivery Point specified in the Offer, being one of the following: Fairview Wallumbilla High Pressure Trade Point as defined in schedule 2 for the SWQP Trading Location. All other terms Except for the Delivery Point, this Product Specification is the same as the Product Specification for Balance-of-Day Physical Gas for Delivery at the RBP Trading Location in item 1 of this schedule. Schedule 7: Product Specifications for Weekly Gas (Wallumbilla) RBP Trading Location Product Specification for Weekly Physical Gas for Delivery at the RBP Trading Location Commodity Gas complying with the Gas Specification. Last Trading Date 27 March 2017 Gas Day commencement 8:00am AEST Delivery Period Seven consecutive Gas Days, beginning and ending at 08:00 on a Sunday. Delivery Point The RBP Trading Location, at the Delivery Point specified in the Order, being one of the following: Run 3 Run 4 Run 7 RBP In Pipe Trade Point, as defined in schedule 2 for the RBP Trading Location. Trading Window For a Delivery Period commencing on Gas Day D, Trading Hours on each Gas Day commencing 4 weeks prior to Gas Day D and ending on D-2. Parcel Size 1000 GJ (1 TJ) for each Gas Day in the Delivery Period Price The price is to be expressed in dollars per GJ. Product Limits Minimum Price: $-100/GJ Maximum Price $999/GJ Maximum Quantity 50,000 GJ (50 TJ) Unit GJ Admission to trade Automatic Gas Specification The gas specification applicable to the Delivery Point as determined in accordance with schedule 2. Flow Rate Even flow rate through each Gas Day in the Delivery Period. Pressure The pressure range applicable to the Delivery Point as determined in accordance with schedule 2. Partial acceptance of Orders Permitted if specified in the Order. Minimum Transaction Quantity 1000 GJ (1 TJ) per Gas Day unless a larger number is specified in the Order. Expiry Time Unless an earlier time is specified in the Order, an Order for Gas Day D expires at the end of the Trading Window. Automatic withdrawal Applicable to open Orders at the end of each trading day after 5:00pm. Order Quantity to be displayed The whole of the Order Quantity will be displayed unless otherwise specified in the Order. Delivery Netting Applicable Pre-matched Trades Permitted Trading Participants may specify that Delivery Netting is not to apply to a Pre-matched Trade (see clause 13.2(a2) of this agreement). If the Trading Participants have specified that Delivery Netting is not to apply to the Pre-matched Trade, the Trading Participants may also specify that the delivery point for the Pre-matched Trade is a delivery point agreed between the Trading Participants that is not specified in a Product Specification (alternate delivery point). If the Trading Participants have specified that Delivery Netting is not to apply to the Pre-matched Trade, the Parcel Size and the Minimum Transaction Quantity is 100GJ. Special conditions Each Trading Participant who submits an Order in relation to this Product represents and warrants for the purposes of this agreement that the Trading Participant has all necessary rights under agreements with the Gas Transporter at the Delivery Point (as identified in schedule 2) to deliver (in the case of the Seller) or accept (in the case of the Buyer) the Transaction Quantity.

Appears in 2 contracts

Samples: Supply Hub Exchange Agreement, Supply Hub Exchange Agreement

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QGP Trading Location. Product Specification for BalanceDay-of-Day Ahead Physical Gas for Delivery at the QGP Trading Location Delivery Point The QGP Trading Location, at the Delivery Point specified in the OfferOrder, being one of the following: Run 3 Run 10 as defined in schedule 2 for the QGP Trading Location. All other terms Except for the Delivery Point, this Product Specification is the same as the Product Specification for BalanceDay-of-Day Ahead Physical Gas for Delivery at the RBP Trading Location in item 1 of this schedule. 3 SWQP Trading Location Product Specification for BalanceDay-of-Day Ahead Physical Gas for Delivery at the SWQP Trading Location Delivery Point The SWQP Trading Location, at the Delivery Point specified in the OfferOrder, being one of the following: Fairview Wallumbilla High Pressure Trade Point as defined in schedule 2 for the SWQP Trading Location. All other terms Except for the Delivery Point, this Product Specification is the same as the Product Specification for BalanceDay-of-Day Ahead Physical Gas for Delivery at the RBP Trading Location in item 1 of this schedule. Schedule 76: Product Specifications for Weekly Balance-of-Day Gas (Wallumbilla) 1 RBP Trading Location Product Specification for Weekly Balance-of-Day Physical Gas for Delivery at the RBP Trading Location Commodity Gas complying with the Gas Specification. Last Trading Date 27 March 2017 Gas Day commencement 8:00am AEST Start Time The start of the first full hour (being one o’clock, two o’clock, and so on) which commences at least 60 minutes after the time the Transaction is confirmed by the Trading System. Delivery Period Seven consecutive The Delivery Period starts at the Start Time and ends at the end of the Gas Days, beginning and ending at 08:00 on a SundayDay in which the Start Time falls. Delivery Point The RBP Trading Location, at the Delivery Point specified in the OrderOffer, being one of the following: Run 3 Run 4 Run 7 RBP In Pipe Trade Point, as defined in schedule 2 for the RBP Trading Location. Trading Window For a Delivery Period commencing on Gas Day D, Trading Hours on each that same Gas Day commencing 4 weeks prior to Gas Day D and ending on D-2Day. Parcel Size 1000 GJ (1 TJ) for each Gas Day in the Delivery Period 25 GJ/hour Price The price is to be expressed in dollars per GJ. Product Limits Minimum Price: $-100/GJ Maximum Price $999/GJ Maximum Quantity 50,000 2,500 GJ (50 2.5 TJ) Unit GJ Admission to trade Automatic Gas Specification The gas specification applicable to the Delivery Point as determined in accordance with schedule 2. Flow Rate Even flow rate through each Gas Day in the Delivery Period. Pressure The pressure range applicable to the Delivery Point as determined in accordance with schedule 2. Partial acceptance of Orders Permitted if specified in the Order. Minimum Transaction Quantity 1000 25 GJ (1 TJ) per Gas Day unless a larger number is specified in the Order. Expiry Time Unless an earlier time is specified in the Order, an Order for Gas Day D expires at the end of the Trading Window. Automatic withdrawal Applicable to open Orders at the end of each trading day after 5:00pmNot applicable. Order Quantity to be displayed The whole of the Order Quantity will be displayed unless otherwise specified in the Order. Delivery Netting Applicable Not applicable. Pre-matched Trades Permitted Permitted. Trading Participants may specify that Delivery Netting is not to apply to a Pre-matched Trade (see clause 13.2(a2) of this agreement). If the Trading Participants have specified that Delivery Netting is not to apply to the Pre-matched Trade, the Trading Participants may also specify that the delivery point for the Pre-matched Trade is a delivery point agreed between the Trading Participants that is not specified in a Product Specification (alternate delivery point). If the Trading Participants have specified that Delivery Netting is not to apply to the Pre-matched Trade, the Parcel Size and the Minimum Transaction Quantity is 100GJ. Special conditions Each Trading Participant who submits an Order in relation to this Product represents and warrants for the purposes of this agreement that the Trading Participant has all necessary rights under agreements with the Gas Transporter at the Delivery Point (as identified in schedule 2) to deliver (in the case of the Seller) or accept (in the case of the Buyer) the Transaction Quantity.

Appears in 2 contracts

Samples: Supply Hub Exchange Agreement, Supply Hub Exchange Agreement

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