Arizona Gas Storage Service Agreement is a legal contract that outlines the terms and conditions between a natural gas storage service provider and a customer in the state of Arizona. This agreement enables the customer to utilize gas storage facilities for the purpose of storing natural gas for future use. The Arizona Gas Storage Service Agreement typically includes key provisions such as: 1. Parties involved: The agreement identifies the service provider, often a natural gas utility company or a third-party storage facility operator, and the customer who is seeking gas storage services. 2. Term and commencement: This section specifies the duration of the agreement, including the start and end dates, as well as any renewal or termination provisions. 3. Storage capacity and injection/withdrawal rights: The agreement outlines the quantity of gas that the customer is entitled to store and the permitted rates of injecting or withdrawing gas from the storage facility. 4. Rates and charges: The agreement establishes the fees or tariffs applicable for using the gas storage service, including any capacity charges, injection/withdrawal fees, and any applicable taxes or surcharges. 5. Operational requirements: This section details operating procedures, safety regulations, and any compliance measures that both the service provider and the customer must adhere to while using the storage facilities. 6. Force majeure and liabilities: The agreement addresses force majeure events such as natural disasters or unforeseen circumstances that may affect the storage service. It also outlines the liabilities and indemnification provisions between the parties. 7. Confidentiality and information sharing: This clause ensures that the customer's information and data pertaining to gas storage activities are kept confidential and may only be shared with relevant government agencies or authorized entities. Types of Arizona Gas Storage Service Agreements: 1. General Gas Storage Service Agreement: This is the standard agreement that covers the use of gas storage facilities by customers for various purposes such as peak shaving, supply disruptions, or meeting seasonal demand fluctuations. 2. Firm vs. Interruptible Gas Storage Agreement: Depending on the customer's requirements, there may be separate agreements available for firm storage, which guarantees a specific storage capacity, and interruptible storage, which may be subject to interruption or curtailment during high-demand periods. 3. Long-term vs. Short-term Agreements: Storage service providers might offer different agreement options based on the duration of storage needs. Long-term agreements generally cover a period of several years, while short-term agreements could be as short as a few months. In conclusion, the Arizona Gas Storage Service Agreement is a legally binding contract that governs the relationship between a gas storage service provider and its customers. By clearly defining the rights, obligations, and operational procedures, this agreement ensures efficient utilization of gas storage facilities in Arizona.