Working capital management at bg water

The arrangement of working capital financing forms a major part of the day to day activities of a finance manager.

Working capital management at bg water

Abbreviation for American Gas Association, the trade association of the gas distribution and transmission industry.

Active Corrosion Continuing corrosion of pipeline facilities, which unless controlled, could result in leaks. Anode The positive pole or electrode of an electrolytic cell; anodes are attached to steel pipelines to prevent corrosion. Back fill The material used to refill a ditch or other excavation, or the process of doing so.

Bar hold test surveys Leakage surveys made by driving or boring holes at regular intervals along the route of an underground gas pipe and testing the atmosphere in the holes for the presence of gas with a combustible gas detector or other suitable device.

Billing cycle The time interval during which all meters of a class or sub-class of customers are read. The reading of meters is generally distributed over a period of time one or two months.

A billing cycle comprises the time from the date the first customer of the group is read until the last customer is read. Bottled gas Ordinarily butane or propane, or butane and propane mixtures, liquefied and bottled under pressure for domestic use. Bunker "C " or No. Calorimeter Devices used extensively in measuring the quantity of the heat content of natural gas.

City gate Meter stations which serve as designated point s on a distribution system where the distributor takes delivery of its gas supply from a pipeline source.

Coal gasification The conversion of coal into a gas which is suitable for use as a fuel. The gas produced may be either a high-Btu or a low-Btu fuel. High-Btu gas is similar to natural gas and will range in energy content from to 1, Btu per cubic foot. Low-Btu gas may range as low as Btu per cubic foot.

Coincident demand The sum of two or more demands which occur in the same time interval. Combustible gas indicator CGI A portable instrument used in leak detection to determine accurately the methane content in a given area.

Working capital management at bg water

Commodity charges The cost per unit volume of gas actually delivered to the buyer. The commodity charge is basically made up of the field purchase cost, the transmission costs that depend on the amount of gas transported, and a portion of the fixed costs of the transmission company.

Common plant A plant used by a utility in rendering more than one type of service, such as electric and gas, i. Compressed Natural Gas LPG Natural gas or propane that is compressed to a liquid state and is several times the atmospheric pressure. Compressor A machine which draws in air or other gas, compresses it, and discharges it at a higher pressure.

A jet engine is one form used in upgrading pressures for the transmission of gas. Truck mounted compressors are used in the distribution industry to operate equipment such as "jack hammers.

Conjunctive billing The combining of the quantities of gas from two or more meters into a single quantity for the purpose of billing as if the usages were from a single meter. Sometimes referred to as combined billing. Contracted reserves Natural gas reserves dedicated to the fulfillment of gas purchase contracts.

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Crude oil Petroleum in its natural unprocessed or unrefined state; a mixture of various different hydrocarbons. The mixture varies widely from one oil field to another. Current top gas The total volume of gas injected in a storage reservoir in off-peak periods which is available for delivery into transmission systems during periods of higher demand.

As top gas is withdrawn, reservoir pressure drops and the rate of delivery declines. Cushion base gas The total volume of gas which will maintain storage reservoir pressure sufficient to deliver gas back into transmission systems.Michael J.

Burry (/ ˈ b ɜːr i /; born June 19, ) is an American physician, investor, and hedge fund manager. He was the founder of the hedge fund Scion Capital, which he ran from until , and then closed to focus on his own personal was one of the first investors to recognize and profit from the impending subprime mortgage crisis.

and working capital management become a top priority in the boardroom. Thirdly, company size is important. Larger companies tend to be better at managing their Annual Global Working Capital Survey % working capital?

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