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A transport contract documents all the important details of a transportation service agreement, including the obligations of both parties, shipping method, delivery times, and fees and costs.
PHMSA collects data and provides information and analyses of pipeline infrastructure under its authority. PHMSA's incident data access files can be downloaded free of charge.
The wholesale provider agrees to provide you with fuel at a specified volume and price. A typical fuel contract determines a set price per gallon for the amount of time agreed upon by both parties. Fuel prices may fluctuate during that time, but the price you pay stays the same due to the fuel contract in place.
Both the federal government and the states have jurisdiction over gathering pipelines, which is estimated to include 240,000 miles of onshore gathering pipelines. The Pipeline and Hazardous Materials Safety Administration regulates both natural gas gathering pipelines and hazardous liquid gathering pipelines.
These agreements or ventures arise from situations in which two or more parties pool their divided or undivided interests to share the costs and risks of either exploration or development or both.
Firm Transportation Agreement means a Transportation Agreement (including this Agreement) which provides for transportation services on a firm basis, including the parts of this Agreement relating to the Firm Service and, if the Details state that the Parking Service is a firm service, the Parking Service.
The Mega Rule applies to gas transmission and distribution pipelines and, for the first time, interstate and intrastate pipelines. It will require pipeline owner/operators to update incomplete pipeline records dating as far back as the 1940s.
A natural gas futures contract is a firm commitments to make or accept delivery of a specific quantity and quality of a natural gas during a specific month in the future at a price agreed upon at the time the commitment is made.
Keep Whole Contract means any contract which requires Borrower to replace the energy content for natural gas liquids extracted from gas received by Borrower from producers with natural gas."
Natural Gas Transport refers to the various methods of transportation used to move natural gas from one location to another. It is primarily transported by pipeline on land and ship on water.