Allocation Procedure. 7.1. Allocation of Natural Gas shall become necessary in the event that Natural Gas of several Storage Customers has been either injected or withdrawn (as the case may be) at the Delivery Point. 7.2. The Allocation of the Storage Customer’s quantities of Natural Gas after injection or withdrawal (as the case may be) shall for each and every Hour be based on the Allocation Procedure which has been agreed upon between the Neighboring Network Operator and the Storage Service Provider in view of the Delivery Point. Such Allocation Procedure will for each and every Hour take into account the quantities of Natural Gas measured at the Delivery Point and the quantities of Natural Gas matched in accordance with Article 8.4 of the Storage Specification (Annex 3 of the Storage Service Agreement). 7.3. The Allocation of the Storage Customer’s Natural Gas shall for each and every Hour form the mutually agreed basis for all operational and billing purposes. 7.4. The Allocation Procedure to be applied is stipulated in the Storage Specification.
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Sources: Operating Agreement
Allocation Procedure. 7.1. Allocation of Natural Gas shall become necessary in the event that Natural Gas of several Storage Customers has been either injected or withdrawn (as the case may be) at the Delivery Point.
7.2. The Allocation of the Storage Customer’s quantities of Natural Gas after injection or withdrawal (as the case may be) shall for each and every Hour be based on the Allocation Procedure which has been agreed upon between the Neighboring Neighbouring Network Operator and the Storage Service Provider in view of the Delivery Point. Such Allocation Procedure will for each and every Hour take into account the quantities of Natural Gas measured at the Delivery Point and the quantities of Natural Gas matched in accordance with Article 8.4 of the Storage Specification (Annex 3 1 of the Storage Service Agreement).
7.3. The Allocation of the Storage Customer’s Natural Gas shall for each and every Hour form the mutually agreed basis for all operational and billing purposes.
7.4. The Allocation Procedure to be applied is stipulated in the Storage Specification.
Appears in 1 contract
Sources: Operating Agreement