20 Terms
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Energy trade
Research, market data and analysis for energy trade.
Industry: Energy
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Energy trade
offer
Energy; Energy trade
An indication of willingness to sell a specified amount of a commodity at a specific price.
benzene, toluene and xylene (BTX) extraction
Energy; Energy trade
The process for removing benzene, toluene and xylene from reformate or pyrolysis gasoline.
market-area storage, or hub
Energy; Energy trade
Storage facilities or hub located near gas users (markets).
temporary voluntary abatement (TVA)
Energy; Energy trade
The producer/seller agrees to suspend a nominated price increase. Often used in the US petrochemicals market.
kilowatt year (kw-y)
Energy; Energy trade
A unit of electrical capacity equivalent to one kilowatt of power used for 8760 hours.
switching station/switch yard
Energy; Energy trade
Facility used to tie together two or more electric circuits through switches. The switches are selectively arranged to permit a circuit to be disconnected, or to change the electric connection ...
Vacuum gasoil (VGO)
Energy; Energy trade
Also known as catfeed. Feedstock for fluid catalytic crackers used to make gasoline, gasoil and other by-products.
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