Daily Contract Quantity (DCQ)

Daily Contract Quantity (DCQ)

The amount of gas which a Buyer nominally undertakes to purchase and a Seller undertakes to deliver in a defined 24 hour period. Although featuring in many contracts, in practice this expression is of little meaning in itself. It may serve as a means of expressing the Annual Contract Quantity if the latter is expressed as a number of days multiplied by the DCQ. It may also define the rate at which the Seller must be able to supply gas. See also: “Daily Delivery Rate”.

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