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Oil parity clause

A clause in some gas purchase contracts that ties the price of gas in the absence of price controls to some fraction of the Btu equivalent of the price of No. 2 fuel oil, No. 6 fuel oil, or crude oil.

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  • ส่วนหนึ่งของคำพูด: noun
  • อุตสาหกรรม/ขอบเขต: Energy
  • Category: Natural gas
  • Company: AGA

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