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Annual Contract QuantityThe Annual Contract Quantity (ACQ) is the volume of gas which the Seller must deliver and the Buyer must take in a given contract year. It may be expressed as a discreet number or as a multiple of the [..]
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Annual Contract Quantityin any year is allowed, under conditions defined in the contract, to offset this against undertake in subsequent years which might otherwise have incurred some form of sanction, such as Take or Pay. S [..]
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Annual Contract QuantityDepending on the terms of the contract and the status of deliveries such gas may qualify as Carry Forward
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Annual Contract Quantitybut may, for example, be ACQ minus Downward Quantity Tolerance
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