Home >  Term: allocation-capacity
allocation-capacity

A process by which capacity available in a pipeline is distributed to parties in the event requests for volume (i.e., nominations) are in excess of the available space. Typically the allocation is based on service type, contract type and a company's tariff provisions. Also called NOMINATION ALLOCATION.

0 0

Creator

  • JJD
  •  (Gold) 2369 points
  • 100% positive feedback
© 2024 CSOFT International, Ltd.