surplus natural gas
Defined in 1 place of the United States Code.
For purposes of this section, the term “surplus natural gas” means any natural gas which is determined, by the State agency having regulatory jurisdiction over the intrastate pipeline which would be entitled to receive such natural gas in the absence of any assignment to exceed the then current demands on such pipeline for natural gas.
Source
- 1994–present15 U.S.C. § 3372Commerce and Trade · Assignment of contractual rights to receive surplus natural gas · for purposes of this section