Light Crude definition

Light Crude means Crude Petroleum having an API gravity greater than 29 degrees at sixty degrees Fahrenheit (60° F) and a viscosity less than 55 Saybolt Universal Seconds (SUS) at 100 degrees Fahrenheit.
Sample 1Sample 2Sample 3
Light Crude means Crude Petroleum having an API gravity greater than 29 degrees at sixty degrees Fahrenheit (60°
Sample 1Sample 2Sample 3
Light Crude means Petroleum having a density up to but not including 876 kilograms per Cubic Metre (kg/m3), and a viscosity up to but not including 20 square millimetres per second (mm2/s).
Sample 1Sample 2Sample 3

Examples of Light Crude in a sentence

  • Committed Shipper has executed a TSA as of November 7, 2011 or January 21, 2019, provided that Committed Shippers who executed a TSA on or about January 21, 2019 are eligible only for the Light Crude Committed Rates set forth above for service pursuant to such TSA.

  • Equity and commodity swap deals made by the Bank enables both local players to open positions in international capital markets (leading benchmark indices like S&P 500 or commodity futures like WTI Light Crude Oil), without facing the transaction costs of accessing these markets and international players to open positions in domestic equity instruments, without the need of funding these positions.

  • The mean_TF2SALES can thus explain around 50% of the regression, while median_TF2SALES reach only to 10 percent.

  • The Purchaser will be required to place the tanker/ bowser at DND-GPC for lifting of Light Crude Oil after completing all formalities within 72 (Seventy Two) hrs.

  • In the event that the cargo at the discharge port is found to be similar or identical to Iranian Light Crude Oil, the Buyer reserves the right to reject the cargo straightaway and claim damages from the Seller.

  • US and Saudi Crude Oil Price: 1950 - 1990PRICE - US$ per barrel .40353025201510501950 1955 1960 1965 1970 1975 1980 1985 1990 US Crude Saudi Light Crude Source: ‘History and Analysis of Crude Oil Prices’, WTRG Economics.

  • This level of verification may only be used if the offset verifier can provide findings with a reasonable level of assurance.(144) "Light Crude Oil" means a category of crude oil characterized by relatively low viscosity, a lower carbon-to-hydrogen ratio, and a relatively lower density having an API gravity of greater than or equal to 20.

  • Failures within some local services, for example, appear increasingly to drive a movement towards re-municipalisation (Wollmann and Marcou 2010).

  • In case of non-compliance of the same resulting in shut-down of DND-GPC, the Company will reserve the right to impose Liquidated Damages equivalent to the price of 12 MT of Light Crude Oil per week or part thereof subject to a maximum of 7.5% of the total value of the contract.

  • Malaysia shall provide adequate supply of natural gas as fuel and feed-stock for use by the Project at a price of US$0.70 per million BTU delivered to project plant, which price commencing g from 1 January 1979, shall be subject to an escalation rate of not more than seven per cent (7%) per annum based on the simple average of the actual rates of price increases in the immediately preceding calendar year of the following: Thirty-three and one third per cent (33 1/3%) Miri Light Crude.


More Definitions of Light Crude

Light Crude means Petroleum having a gravity greater than thirty (30) degrees API and a viscosity up to but not including twenty (20) square millimeters per second (mm²/s).
Sample 1Sample 2Sample 3
Light Crude means Crude Oil with an API gravity of greater than 22.
Sample 1

Related to Light Crude

  • Diesel means a distillate oil which can be used as fuel for the operation of a compression ignition engine and which has an approximate boiling temperature of between 150 °C to 400 °C;

  • Dekatherm (dt) shall mean on million British Thermal Units and is synonymous to the term MMBTU.

  • Fuel Gas means Gas used as fuel for the operation of the Transportation System.

  • Supply Pipe means any part of a service pipe which a water undertaker could not be, or have been required to lay under section 46 of the Water Industry Act 1991; and

  • Ultra Low Sulfur Diesel Fuel means diesel fuel that has a sulfur content of no more than fifteen parts per

  • Fuel means any solid, liquid or gaseous combustible material;

  • Asphalt means a dark brown to black cement-like material (solid, semisolid, or liquid in consistency) in which the predominating constituents are bitumens which occur in nature as such or which are obtained as residue in refining petroleum.

  • Bulk gasoline terminal means a gasoline storage facility which receives gasoline from its supply source primarily by pipeline, ship, or barge, and delivers gasoline to bulk gasoline plants or to commercial or retail accounts primarily by tank truck; and has an average daily throughput of more than 76,000 liters (20,000 gallons) of gasoline.

  • JetBrains or “We” means JetBrains s.r.o., having its principal place of business at Xx Xxxxxxxxx XX 0000/00, Xxxxxx, 00000, Xxxxx Xxxxxxxx, registered in the Commercial Register maintained by the Xxxxxxxxx Xxxxx xx Xxxxxx, Xxxxxxx X, Xxxx 00000, ID. No.: 265 02 275.

  • Gasohol means a blended fuel composed of gasoline and fuel grade ethanol.

  • Bulk gasoline plant means a gasoline storage and distribution facility with an average daily throughput of 20,000 gallons (76,000 liters) of gasoline or less on a 30-day rolling average.

  • Blendstock means and includes any petroleum product component of motor fuel, such as naphtha, reformate, or toluene; or any oxygenate that can be blended for use in a motor fuel.

  • LNG means liquefied natural gas.

  • Pressurized gas duster means a pressurized product labeled to remove dust from a surface solely by means of mass air or gas flow, including surfaces such as photographs, photographic film negatives, computer keyboards, and other types of surfaces that cannot be cleaned with solvents. “Pressurized Gas Duster” does not include “Dusting Aid.”

  • Feedstock Gas means natural gas used as a raw material for its chemical properties in creating an end product.

  • Automotive windshield washer fluid means any liquid designed for use in a motor vehicle windshield washer system either as an antifreeze or for the purpose of cleaning, washing, or wetting the windshield. Automotive windshield washer fluid does not include fluids placed by the manufacturer in a new vehicle.

  • Geothermal fluid means water in any form at temperatures greater than 120

  • Rechargeable Electrical Energy Storage System (REESS) means the rechargeable energy storage system that provides electric energy for electrical propulsion.

  • Diesel fuel means the same as that term is defined in Section 59-13-102.

  • Finished water means the water that is introduced into the distribution system of a public water system and is intended for distribution and consumption without further treatment, except as treatment necessary to maintain water quality in the distribution system (e.g., booster disinfection, addition of corrosion control chemicals).

  • Gas supply service means the provision to customers of the

  • LPG means liquefied petroleum gas.

  • Truck camper means a nonself-propelled recreational vehicle that does not have wheels for road use and is designed to be placed upon and attached to a motor vehicle. "Truck camper" does not include truck covers that consist of walls and a roof, but do not have floors and facilities enabling them to be used as a dwelling.

  • Semitrailer means every vehicle of the trailer type so designed and used in conjunction with a

  • Plumber means a person who has passed a qualifying Trade Test in Plumbing or has been issued with a certificate of proficiency in terms of the Manpower Training Act, 1981 (Act No 56 of 1981) or such other qualification as may be required under national legislation;

  • Process Gas means gas used for which alternate fuels, other than another gaseous fuel, are not technically feasible such as in applications requiring precise temperature controls and precise flame characteristics.