Michigan Gas Storage Service Agreement
Description
How to fill out Gas Storage Service Agreement?
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FAQ
(f) "Maximum Daily Quantity" (MDQ) means a quantity of gas, as specified in the transportation contract between the customer and the Company, that is based on the customer's historical peak-month usage (determined from the customer's 36-month base period) plus adjustments for known or expected changes.
Maximum Daily Quantity (MDQ): The maximum quantity of gas consumed by a customer in a 24-hour period. An LDC may set delivery obligations or delivery limits based on a customer's MDQ.
Bcf ? Billion cubic feet ? standard unit of measurement for natural gas supply/demand - 1,000,000 MMBtu = 1 Bcf. Btu ? British thermal unit ? A British thermal unit is a unit of measurement that represents the amount of energy needed to heat a pound of water by one-degree Fahrenheit at or near 39.2? F.
(f) "Maximum Daily Quantity" (MDQ) means a quantity of gas, as specified in the transportation contract between the customer and the Company, that is based on the customer's historical peak-month usage (determined from the customer's 36-month base period) plus adjustments for known or expected changes.
The maximum daily quantity (MDQ) is the maximum quantity of oil or gas each day that a producer is permitted to deliver into the pipeline system.