NAESB WGQ
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NAESB standards for wholesale natural gas in North America.
Definition
WGQ covers Pipeline Nominations (Daily Nomination Cycle), Imbalance Resolution, Capacity Release, EBB (Electronic Bulletin Board), Confirmed/Scheduled Quantities. CSV/XML over FTP, EDI X12 873 used for invoicing. FERC posting standards compliant.
Origin
NAESB founded 2002 ; standards revised quarterly.
Example in context
A shipper submits its NOM nomination (Timely 11AM CT cycle) on TGP pipeline via WGQ format.
Related terms
- NAESB WEQ — electricity counterpart.