Definition of Contracted gas

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TeachMeFinance.com - explain Contracted gas



Contracted gas

The term 'Contracted gas' as it applies to the area of energy can be defined as ' Any gas for which Interstate Pipeline has a contract to purchase from any domestic or foreign source that cannot be identified to a specific field or group. This includes tailgate plant purchases, single meter point purchases, pipeline purchases, natural gas imports, SNG purchases, and LNG purchases'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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