11 Alaska Admin. Code § 25.150

Current through October 17, 2024
Section 11 AAC 25.150 - Quality bank

If a quality bank, NGL bank, or other mechanism is established to compensate or charge persons transporting gas on a pipeline for differences in the relative quality of gas tendered or received, a lessee shall adjust royalty volume or royalty payments to the state based on the same principles used by the quality bank, NGL bank, or other mechanism to compensate or charge a person transporting gas for differences in the relative quality of gas tendered or received.

11 AAC 25.150

Eff. 5/29/2010, Register 194

Authority:AS 38.05.020

AS 38.05.180

AS 43.90.310