Meaning Annual Contract Quantity
What does Annual Contract Quantity mean? Here you find 4 meanings of the word Annual Contract Quantity. You can also add a definition of Annual Contract Quantity yourself

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Annual Contract Quantity


The 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 [..]
Source: gasstrategies.com

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Annual Contract Quantity


in 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 [..]
Source: gasstrategies.com

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Annual Contract Quantity


Depending on the terms of the contract and the status of deliveries such gas may qualify as Carry Forward
Source: gasstrategies.com

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Annual Contract Quantity


but may, for example, be ACQ minus Downward Quantity Tolerance
Source: gasstrategies.com





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