If a quality bank, NGL bank, or other mechanism is established to compensate or charge persons transporting gas on a pipeline for differences in the relative quality of gas tendered or received, a lessee shall adjust royalty volume or royalty payments to the state based on the same principles used by the quality bank, NGL bank, or other mechanism to compensate or charge a person transporting gas for differences in the relative quality of gas tendered or received.

(Eff. 5/29/2010, Register 194)

Authority: AS 38.05.020, AS 38.05.180, AS 43.90.310