Make Up
Submitted by webmaster on Thu, 2018-07-26 11:40
Make Up
Make Up Gas is gas for which a buyer has paid under Take or Pay obligations but not taken, and may have rights to receive in subsequent years for no further charge or at reduced prices after it has taken gas in excess of an agreed threshold volume. This is commonly the Annual Contract Quantity but may, for example, be ACQ minus Downward Quantity Tolerance. Make up gas should not be confused with Make Good Gas.