Examples of LNG Supplier in a sentence
Any User may, with the prior written consent of Terminal Operator (such consent not to be unreasonably refused, withheld or delayed), appoint a reasonable number of designated representatives (including an LNG Supplier) to inspect the operation of the Terminal; provided, however, that such inspection shall occur during normal operating hours.
Each User shall, as soon as reasonably practicable following the departure of an LNG Carrier from the Loading Port, notify Terminal Operator in writing of the quality (for compliance with the LNG Specification) of the loaded LNG and estimated quality of LNG to be unloaded in accordance with this TAC, including a copy of the statement or certificate of LNG loaded that is provided by LNG Supplier to such User.
LNG Supplier is always able to supply the minimum amount of LNG to the LNG Buyer.
LNG Buyer provides Take-or-Pay obligation to LNG Supplier due to risk of Power Plant not taking the gas.
There is no provision for the impacts of a Send-or-Pay from the LNG Supplier.
The failure to maintain one or more LNG Supplier Agreements relating to the Project.
If a single Credible LNG Supplier is supplying less than four hundred (400) MMCFD, then multiple letters from Credible LNG Suppliers shall be submitted evidencing availability of at least four hundred (400) MMCFD.
The possible mitigation plan for PLN is to apply a Service Level Agreement (SLA) to the LNG Supplier to maintain the project’s return within the expected NPV.
Reliance Power Limited (Reliance Power) through its subsidiaries in Bangladesh – Reliance Bangladesh LNG Terminal Limited (RBLTL) for development of LNG facility and Reliance Bangladesh LNG and Power Limited (RBLPL) for development of gas based power plant, has strategic plans to establish the subsidiaries as Independent Regassified LNG Supplier (IRLNGS) and Independent Power Producer (IPP) respectively.
Petronet has been under active discussions with the LNG Supplier regarding certain commercial aspects under its Agreement and has reached an understanding related to the subject contract with ExxonMobil.