New Hampshire Precedent Agreement for Firm Natural Gas Storage Service
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How to fill out Precedent Agreement For Firm Natural Gas Storage Service?
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FAQ
In its compact liquid form, natural gas can be shipped in special tankers to terminals around the world. At these terminals, the LNG is returned to its gaseous state and transported by pipeline to distribution companies, industrial consumers, and power plants.
712 eliminates the cap on all releases of one year or less, so that a release for 31 days or less can now exceed the maximum pipeline tariff rate, it is unclear why the FERC retains in this context the reference to release to the same replacement shipper ?at less than the maximum tariff rate.? It appears that FERC's ...
When natural gas arrives at the locations where it will be used (usually through large pipelines), it flows into smaller diameter pipelines called mains and then into smaller service lines that go directly to homes or buildings.
FERC prohibits circumvention of the capacity release rules by: ? Requiring the shipper that holds the capacity to have title to the gas during transport, the so-called ?shipper-must- have-title? rule.
Capacity release allows a customer that holds firm transportation or storage capacity on Northern to resell its capacity to another party on either a temporary or permanent basis.
In general, an AMA is a contractual relationship where a party agrees to manage gas supply and delivery arrangements, including transportation and storage capacity, for another party.
Natural gas is transported by pipelines and liquefied natural gas (LNG) tankers.
Background on AMAs AMAs are contractual relationships in which an ?asset manager? agrees to manage another party's gas supply and delivery arrangements, including its pipeline capacity.