Examples of Operational Balancing Agreement in a sentence
Gas Balancing with no Operational Balancing Agreement in place: clause 5 of this Annexure.
Any physical receipt point located on Pipeline's system ("TTT Point"), provided that the point is covered by an active Operational Balancing Agreement, can be utilized for the nomination of TTT service.
An Operational Balancing Agreement under this clause is an agreement between pipeline and network owners to cooperate in the management of the pipeline and network interfaces and is structured to minimise the impact of local physical variations on network transportation arrangements.
Interruptible Hourly Balancing Service is not intended to serve as an Operational Balancing Agreement to account for hourly deviations between scheduled volumes and volumes actually taken by Customer at its point(s) of delivery on the transporting pipeline(s).
In addition, Transporter hereby incorporates into this Tariff by reference the model Operational Balancing Agreement approved by NAESB as Standards 6.5.2. 26.