Definition of Interstate pipeline purchase

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TeachMeFinance.com - explain Interstate pipeline purchase



Interstate pipeline purchase

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.



About the author

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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