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This document outlines the recommendation for creditworthiness standards and modifications to the Additional Standards book regarding capacity release in the natural gas industry, detailing procedures
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01
Begin by clearly stating the purpose of the recommendation.
02
Identify the stakeholders involved and their roles.
03
Outline the specific issue or need that the recommendation addresses.
04
Provide background information or context to support the recommendation.
05
Clearly state the proposed actions or solutions.
06
Include any relevant data or evidence that supports the recommendation.
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List potential benefits and outcomes of implementing the recommendation.
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Conclude with a call to action for the committee to consider the recommendation.

Who needs RECOMMENDATION TO NAESB WGQ EXECUTIVE COMMITTEE?

01
Organizations involved in energy trading that are governed by NAESB standards.
02
Members of the NAESB WGQ Executive Committee seeking guidance on industry practices.
03
Stakeholders looking for a formal recommendation to enhance operational efficiency.
04
Participants in the energy market who require updates or changes to current standards.
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The RECOMMENDATION TO NAESB WGQ EXECUTIVE COMMITTEE is a formal document or proposal submitted to the North American Energy Standards Board's Wholesale Gas Quadrant to suggest changes, enhancements, or new standards related to wholesale natural gas operations.
Any participant in the natural gas industry, including companies, organizations, or individuals who are stakeholders in the wholesale gas market, may file a recommendation with the NAESB WGQ Executive Committee.
To fill out the RECOMMENDATION, stakeholders should provide detailed information including the purpose of the recommendation, proposed changes or new standards, the rationale behind the recommendation, and any supporting data or documents that justify the submission.
The purpose of the RECOMMENDATION is to facilitate improvements and updates to standards and practices within the wholesale gas market, ensuring they meet current industry needs and promote efficiency, reliability, and transparency.
The information that must be reported includes the title of the recommendation, the submitter's contact information, a description of the proposed change or standard, the rationale for the recommendation, and any relevant documentation or data that supports the rationale.
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