Premium

Premium means the additional amount of petroleum product (in barrels)or another form of payment as permitted by lawthat must be delivered to the SPR above the principal amount of petroleum product owed to SPR in the case of an exchange or a deferred contractually scheduled delivery. The premium may include a calculation based on a rate set by DOE and duration of time until the SPR receives the petroleum product.

Source

10 CFR § 626.2


Scoping language

None
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