Home > Term: spot market
spot market
A market characterized by short-term, interruptible (or best efforts) contracts for specified volumes of gas. Participants may be any of the elements of the gas industry - producer, transporter, distributor, or end user. Brokers may also be utilized.
- Part of Speech: noun
- Industry/Domain: Energy
- Category: Natural gas
- Company: AGA
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Creator
- JJD
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