Home > Term: balancing penalty
balancing penalty
A daily or monthly penalty assessed on the difference between volumes tendered and volumes received by the shipper. The purpose of balancing penalties is to prevent a shipper from tying up storage and line pack with excess deliveries of transportation gas, or from depleting storage and line pack by taking more gas off the system than it delivers, both of which disrupt other sales and transportation services.
- Μέρος του λόγου: noun
- Κλάδος/Τομέας: Ενέργεια
- Category: Φυσικό αέριο
- Company: AGA
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