05.07.2009
Sorry, this entry is only available in עברית.
Used in both depletion and supply contracts of a gas sales agreement. It is the maximum daily amount that the buyer can nominate and which the seller is obliged to deliver. It is generally set at a fixed amount of the DCQ, such as 150% thereof.
In this case the seller of the LNG arranges the shipping and title of the cargo is transferred at the destination or after loading.
Test in an oil and/or gas well to determine its flow capacity
Measure of the amount of gas that can be delivered (withdrawn) from a storage facility on a daily basis. It also represents the number of future years during which a pipeline company (where pipeline companies are permitted to enter into GSA agreements) can meet its annual requirements for its presently certificated delivery capacity from presently committed sources of natural gas supply.
The actual physical transfer of natural gas from a company in question to facilities operated by another company or to consumers
To remove from a list, especially from a list of securities that may be traded on a stock exchange
A well drilled at a distance from a discovery well to determine the physical extent, reserves and likely production rate of a new oil or gas field