Balancing Gas Buy definition

Balancing Gas Buy means the acquisition by the Transporter of a quantity of Natural Gas pursuant to a Balancing Gas Contract;
Sample 1Sample 2Sample 3
Balancing Gas Buy means the acquisition by the Transporter of a quantity of Balancing Gas;
Sample 1Sample 2Sample 3

Examples of Balancing Gas Buy in a sentence

  • For the avoidance of doubt an Entry Allocation or an IP Entry Allocation with respect to a nomination of Balancing Gas pursuant to a Balancing Gas Buy shall be excluded from a Shipper’s Initial Inputs and Final Inputs for the purpose of the Daily Imbalance Quantity calculation.

  • A Balancing Action means a Balancing Gas Buy or a Balancing Gas Sell under a Balancing Gas contract in respect of a Day is required.

  • Where the person providing Balancing Gas pursuant to a Balancing Gas Buy is a Shipper, Nominations with respect to Balancing Gas in respect of the Day shall be made separately and independently from any other Nominations made by such Shipper in respect of a Day.

  • Where the person providing Balancing Gas pursuant to a Balancing Gas Buy is not a Shipper the Transporter shall for the purpose of the provision of Balancing Gas to the Transportation System in respect of a Day be entitled to make Nominations and receive Allocations in respect of Balancing Gas.

  • Nominations in respect of Shrinkage Gas or as a result of a Balancing Gas Buy shall not be required to achieve a Zero Imbalance Position and shall be disregarded for the purposes of determining whether a Shipper has achieved a Zero Imbalance Position.

  • The Transporter shall make capacity available to facilitate submission of Entry Nomination(s) with respect to quantities of Balancing Gas required by the Transporter pursuant to a Balancing Gas Buy.

  • Both major projects - the Shahuindo Expansion and the Bell Creek Shaft Project - remain within guidance of $80 million for each such project.

  • Where the person providing Balancing Gas pursuant to a Balancing Gas Buy is a Shipper (subject to Section 1.3.6 with respect to IBP Balancing Trades), Nominations with respect to Balancing Gas in respect of the Day shall be made separately and independently from any other Nominations made by such Shipper in respect of a Day.

  • Where the person providing Balancing Gas pursuant to a Balancing Gas Buy is a Shipper (subject to Section 1.3.7 with respect to IBP Balancing Trades), Nominations with respect to Balancing Gas in respect of the Day shall be made separately and independently from any other Nominations made by such Shipper in respect of a Day.

  • For the avoidance of doubt save in respect of IBP Balancing Trades an Entry Allocation or an IP Entry Allocation with respect to a nomination of Balancing Gas pursuant to a Balancing Gas Buy shall be excluded from a Shipper’s Initial Inputs and Final Inputs for the purpose of the Daily Imbalance Quantity calculation.

Related to Balancing Gas Buy

  • Gas Balancing Agreement means any agreement or arrangement whereby any Loan Party, or any other party having an interest in any hydrocarbons to be produced from Mineral Interests in which any Loan Party owns an interest, has a right to take more than its proportionate share of production therefrom.

  • Non-Methane Hydrocarbons (NMHC means the sum of all hydrocarbon air pollutants except methane.

  • Gas means any mixture of hydrocarbons and noncombustible gases in a gaseous state consisting primarily of methane.

  • Liquefied petroleum gas means a mixture of light hydrocarbons (predominantly propane, butane) that is gaseous under conditions of ambient temperature and pressure and that is maintained in a liquid state by an increase of pressure or lowering of temperature;

  • Natural Gas Liquids means those hydrocarbon components that can be recovered from natural gas as a liquid including, but not limited to, ethane, propane, butanes, pentanes plus, and condensates;

  • Gas Transporter means the licensed operator of the transportation network through which gas is transported to you;

  • Gathering System means that portion of Gatherer’s pipeline system, including all appurtenances thereto, related to the provision of gathering and transportation services provided by Gatherer pursuant to this tariff.

  • Compressed natural gas means a mixture of hydrocarbon gases and vapors that consists primarily of methane in gaseous form that has been compressed for use as a fuel to propel a motor vehicle.

  • Imbalance Energy has the meaning set forth in the CAISO Tariff.

  • Natural Gas or "Gas" shall mean natural gas, processed, unprocessed, vaporized liquid natural gas, synthetic gas, propane-air mixture or any mixture of these gases.

  • Liquefied natural gas or “LNG” means natural gas that has been liquefied.

  • Pipeline means any pipe, pipes, or pipelines used for the intrastate transportation or transmission of any solid, liquid, or gaseous substance, except water.

  • Hydrocarbon means a compound consisting of hydrogen and carbon, which, when naturally occurring, may also contain other elements such as sulphur;

  • balancing means (in relation to the Network and any relevant period for balancing under the Network Code) taking such measures as may be available to the Licensee, in particular, measures:

  • Imbalances means over-production or under-production or over-delivery or under-delivery with respect to Hydrocarbons produced from the Properties, regardless of whether the same arise at the wellhead, pipeline, gathering system, transportation system, processing plant, or any other location, including any imbalances under gas balancing or similar agreements, production handling agreements, processing agreements, and/or gathering or transportation agreements.

  • Net energy metering means the difference between the kilowatt-hours consumed by a customer-generator and the kilowatt-hours generated by the customer- generator's facility over any time period determined as if measured by a single meter capable of registering the flow of electricity in two directions.

  • Interconnection Point means the point(s) of connection(s) at which the project is connected to the grid i.e. it shall be at 11 / 22 kV bus bar level of substation of MSEDCL.

  • Oil means petroleum in any form including crude oil, fuel oil, sludge, oil refuse and refined products (other than petrochemicals which are subject to the provisions of Annex II of the present Convention) and, without limiting the generality of the foregoing, includes the substances listed in Appendix I to this Annex.

  • Gas supply service means the provision to customers of the

  • Greenhouse Gas means carbon dioxide, methane, nitrous oxide, hydrofluorocarbons, perfluorocarbons, and sulfur hexafluoride.

  • CO2 means carbon dioxide.

  • Pipelines means those pipelines within the Storage Facility that connect the Tanks to one another and to the receiving and delivery flanges of the Storage Facility.

  • Market Participant Energy Injection means transactions in the Day-ahead Energy Market and Real-time Energy Market, including but not limited to Day-ahead generation schedules, real- time generation output, Increment Offers, internal bilateral transactions and import transactions, as further described in the PJM Manuals.

  • Basic gas supply service means gas supply service that is

  • Residue Gas means that portion of the Gas remaining after the extraction therefrom of Plant Products, Plant fuel require­ments, and Plant losses or uses.

  • Solid Fuel means wood, coal, and other similar organic material or combination of these materials.