tolling contract

Definition

Type of take-or-pay contract for conversion, processing or transportation (usually through a pipeline) of raw material or finished product. Used commonly in oil and gas industry, a tolling contract does not require the converter, processor, or transporter to purchase the input material or to sell the output product. See also throughput contract.


tolling contract is...

Nearby Terms

Search volume for tolling contract

Browse by Letter: # 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