Throughput agreement


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Related to Throughput agreement: Take or Pay Agreement

Throughput agreement

An agreement to put a specified amount of product per period through a particular facility. An example is an agreement to ship a specified amount of crude oil per period through a particular pipeline.

Throughput Agreement

An agreement within a company, or between a company and a transporter, to route some or all units of a product through a certain mode of transportation. This is used by energy companies; for example, an oil company may agree to use a certain pipeline or ship to transport some of its oil.
References in periodicals archive ?
Pursuant to the throughput agreement, MRMC will continue to own all inventory and working capital elements of the fuel and lubricant distribution business which is consistent with current and past practice.
Orion has renewed a long-standing relationship with a third-party finance company to sell certain qualifying Orion Throughput Agreement (OTA) contracts on a non-recourse basis going forward.
NYSE Amex: OESX), a leading power technology enterprise that designs, manufacturers and deploys energy management solutions for the commercial and industrial sectors, announced today that it has received a commitment for an additional tranche of financing for an Orion Throughput Agreement (OTA) project.
In addition, GM&T USA will in a separate throughput agreement receive long-term access to 200 MMCFD (2 bcma) of regas capacity at the Cove Point terminal for 18 to 20 years.
In conjunction with the sale, Holly entered a 15-year tank lease and minimum throughput agreement (with options to extend).
the Private Company rejected the existing Throughput Agreement with SGLP pursuant to which SGLP provided crude oil gathering, transportation, terminalling and storage services for the Private Company at certain minimum levels;
the Private Company will reject the existing Throughput Agreement with SGLP pursuant to which SGLP provides crude oil gathering, transportation, terminalling and storage services for the Private Company at certain minimum levels;