Home > Term: take-or-pay credits
take-or-pay credits
Credits provided by FERC Order No.500 which allow the pipeline to credit a quantity of gas it transports against its obligation to take a similar quantity of gas under a take-or-pay contract executed before June 23, 1987.
- Part of Speech: noun
- Industry/Domain: Energy
- Category: Natural gas
- Company: AGA
0
Creator
- JJD
-
(Gold) 2369 points - 100% positive feedback
