volume netting

Ukrainian translation: взаємозалік обсягів газу

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:volume netting
Ukrainian translation: взаємозалік обсягів газу
Entered by: Vladyslav Golovaty

10:29 Apr 30, 2017
English to Ukrainian translations [PRO]
Bus/Financial - Petroleum Eng/Sci
English term or phrase: volume netting
According to the Ukrainian laws and regulations, the Ukrainian state-owned organizations and enterprises do not have the right to prepay for the commodities. Under the standard agreement with them, a seller can get the money only the next month after the month of supply. Moreover, the state-owned organization/enterprise does not even issue a letter of credit or banking guarantee for security of such transaction. The reduced financing from the state budget also can be a ground for refusal of such buyer for the further supply of gas within the framework of the contract that has been already signed and partially executed.
Besides there is no possibility of payment, close-out or volume netting in gas transaction on Ukrainian market due to unavailability of cash-out procedure and clearing houses effective in Ukraine. The netting mechanisms could facilitate documenting of gas under gas sale contracts and enable establishment of gas stock exchange or OTC trading.
Olena Kushnerenko
Ukraine
Local time: 05:52
взаємозалік обсягів газу
Explanation:
Мова про товарний кліринг - безготівкові розрахунки між підприємствами за поставлені, продані один одному цінні папери або товари та надані послуги, здійснювані шляхом взаємного заліку, виходячи з умов балансу платежів.
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Vladyslav Golovaty
Ukraine
Local time: 06:52
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4взаємозалік обсягів газу
Vladyslav Golovaty


  

Answers


11 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
взаємозалік обсягів газу


Explanation:
Мова про товарний кліринг - безготівкові розрахунки між підприємствами за поставлені, продані один одному цінні папери або товари та надані послуги, здійснювані шляхом взаємного заліку, виходячи з умов балансу платежів.

Example sentence(s):
  • відображає різницю між обсягами газу, замовленими ... номінацій на транспортування газу, проводиться взаємозалік обсягів газу.

    Reference: http://www.naftogaz.com/www/3/nakweb.nsf/0/4A7C00200FF492C4C...
Vladyslav Golovaty
Ukraine
Local time: 06:52
Native speaker of: Native in EnglishEnglish, Native in RussianRussian
PRO pts in category: 28
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