TeachMeFinance.com - explain Interstate pipeline purchase
Interstate pipeline purchase The term 'Interstate pipeline purchase' as it applies to the area of energy can be defined as ' Any gas supply contracted from and volumes purchased from other interstate pipelines, overland natural gas import purchases, and LNG, SNG, or coal gas purchases from domestic or foreign sources. Purchases from intrastate pipelines to section 311 (b) of the NGPA of 1978 and from independent producers are not included with interstate pipelines purchase'.
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