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Natural Gas Industry Terms Glossary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

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8760

A

Anaerobic Digestion
Arbitrage

B

(B)ESS
Basis Price
Backwardation
Balancing Item
Ballast Bonus
Ballast Vessel
Base Gas
Bcf/d
Bid Stack
Bidweek
Bidweek (First of Month) Index
Boil-Off
Brown Gas
Brent Crude
Bunkering

C

California Independent System Operator (CAISO)
CEM
CI score
Citygate
Clean Fuels Program (CFP)
Compressed Natural Gas (CNG)
Compressor Station
Condensate (Lease Condensate)
Congestion
Consecutive Voyages Charter
Contango
Contract of Affreightment (COA)
Credit Adder
Cushion Gas

D

Daily Index
Dekatherm
Delivered Ex-Ship (DES)
Delivered Gas
Demurrage
Depleted Storage Field
DFDE/TFDE Vessel
Downstream
DPR
Drawdown
Dry Gas
Dry Natural Gas Production
DUC

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E

E&P (company)
Economic Merit Order
Electric Utility
Emissions Reductions Credit (ERC)
Energy Management System (EMS)
Energy Service Provider (ESP)
Environmental Credit
Equitable Origin
ERCOT
Extraction Loss

F

Feed Gas
Feed-in Premium (FIP)
Feed-in Tariff (FIT)
Final Investment Decision (FID)
Fixed Price
Forward Curve
Flaring
Floating Storage Unit (FSU)
Fracking
Fractionation
Free-On-Board (FOB)
Freight Parity
Forward Freight Agreement
FSRU
Futures

G

Gas Condensate
Gas Formation Volume Factor (FVF)
Gas Weighted Degree Day
Gas Well
Geologic Gas
Green Gas
Gross Withdrawals
GW/GWh

H

Heating Degree Day
Heating Value
Horizontal Drilling
Hubs
Hydrocarbon Gas Liquids (HGL)

I

Iron Flow Battery
Independent System Operator (ISO)
Independent System Operator Northeast (ISO-NE)
International Group of Liquefied Natural Gas Importers (GIIGNL)
International Maritime Organization (IMO)
Intercontinental Exchange (ICE)
Interstate Pipeline
Intransit Deliveries
Intransit Receipts
Intrastate Pipeline
Investor-owned utility (IOU)

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J

Japan Customs Crude (JCC)
Japan Korea Marker
Jones Act

K

Kerogen
kW/kWh

L

Laden Vessel
LCFS Credit
LDC
Lease Fuel
Lease Separator
Liquefaction
Liquefaction Train
Liquefied natural gas (LNG)
LNG Arbitrage
LNG by Rail
LNG by Truck
LNG Cargo
LNG Spot Market
LNG Train
Local Marginal Pricing (LMP)
Low Carbon Fuel Standard (LCFS)
LNG Transshipment
Long Term LNG Contracts

M

Marginal Clearing Price (MCP)
Market Hub
Marketed Production
Mechanical Storage
MEGI and XDF Vessels
Methane
Midcontinent ISO (MISO)
Midstream
Milk Run
MiQ
MMBtu
MMcf/d
MW/MWh

N

Native Gas
Natural Gas
Natural Gas Field Facility
Natural Gas Gross Withdrawals
Natural Gas Hydrates
Natural Gas Lease Production
Natural Gas Liquids (NGL)
Natural Gas Liquids Production
Natural Gas Marketed Production
Natural Gas Marketer
Natural Gas Storage
NBP
Netback LNG
Nodes
NYISO
NYMEX Contract

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O

Oil Price Parity

P

Pipeline Capacity
PJM
Portfolio Player
Power Burn
Power Purchase Agreement (PPA)
Power-To-Gas
PRA
Price Index
Pricing Benchmarks
Pricing Location
Producer
Project Canary
Proppant
Proven Reserves
Public Utility District (PUD)

Q

Q-Flex and Q-Max Vessels
QMRV Project

R

Real-Time Price (RTP)
Regasification
Regional Transmission Organization (RTO)
Reloads LNG
Renewable Energy Credits (REC)
RFS
Rig Count
RIN Credit
RIN-D
RSG Accreditation
RVO

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S

S-Curve LNG
Sales Purchase Agreement (SPA)
Salt Inventory
Shale Basins
Slope LNG Contracts
Small Scale LNG
Southwest Power Pool RTO (SPP)
Spot Price
Steam Turbine Vessels
STEO
Summer Strip
Sustainability Voluntary Market
Swaps

T

Thermal Gasification
Thermal Generation
Thermal Storage
Time Charter Contract
Tolling Agreement
TPD
TPY
Trading Desk
TTF

U

Unconventional Production
Upstream
Utilities

V

Virtual Pipeline
Vessel Rate
Voyage Charter Contract

W

Weekly Index
Wet Gas
Winter Strip
Working Gas in Storage

X

Y

Z

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