Home > Term: cashout provisions
cashout provisions
To the extent a shipper violates balancing provisions, any difference between receipts and deliveries will be "cashed out", with the pipeline purchasing excess receipts at below-market prices and selling receipt shortages at above-market prices.
- ส่วนหนึ่งของคำพูด: noun
- อุตสาหกรรม/ขอบเขต: Energy
- Category: Natural gas
- Company: AGA
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