Definition of Transported gas

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TeachMeFinance.com - explain Transported gas



Transported gas

The term 'Transported gas' as it applies to the area of energy can be defined as ' Natural gas physically delivered to a building by a local utility, but not purchased from that utility. A separate transaction is made to purchase the volume of gas, and the utility is paid for the use of its pipeline to deliver the gas. Also called 'Direct-Purchase Gas,' 'Spot Market Gas,' 'Spot Gas,' 'Gas for the Account of Others', and 'Self-Help Gas.''.

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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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