Historical
NAESB Standard 6.5.2
Natural gas model operational balancing agreement
This contract allows two transporters of natural gas to balance their scheduled quantities of natural gas at designated delivery points in order to facilitate more efficient operations, accounting, and systems management at the delivery point and on the partiesÆ respective pipeline systems. Such balancing allows the pipelines to eliminate or mitigate operational imbalances created when the actual physical gas flow is different than the scheduled quantities.
North American Energy Standards Board [naesb]