Home > Term: best efforts
best efforts
An agreement by a contracting party to do its best to complete some specified result. In a gas transportation contract, it might represent a pledge by the transporter to use best efforts to transport the shipper's gas. BESS is the acronym for best efforts storage service.
- Part of Speech: noun
- Industry/Domain: Energy
- Category: Natural gas
- Company: AGA
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- JJD
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