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Home > Terms > English, UK (UE) > National balancing point
National balancing point
An imaginary point on the UK Transco pipeline through which all gas is deemed to flow, and about which all gas is balanced. NBP is the delivery point for the IPE's natural gas futures contract.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Energy
- Category: Energy trade
- Company: Platts
- Product:
- Acronym-Abbreviation:
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