District of Columbia Natural Gas Inventory Forward Sale Contract

• Category: Corporations - Public - Sales
• State: Multi-State
• Control #: US-EG-9211
• Format: Word; Rich Text

Description

Natural Gas Inventory Forward Sale Contract between EEX Operating, LLC, E&P Company, LP and Bob West Treasure, LLC regarding the sale and purchase of natural gas dated December 17, 1999. 31 pages. The District of Columbia Natural Gas Inventory Forward Sale Contract is a financial agreement that enables participants to sell or purchase natural gas inventory in the District of Columbia at a predetermined price for future delivery. This contract is specifically designed to facilitate the management of natural gas inventory and provide stability in the energy market. The District of Columbia Natural Gas Inventory Forward Sale Contract is an important tool for energy companies, producers, and distributors who seek to secure their inventory and manage price risks. By entering into these contracts, participants can lock in prices and quantities of natural gas, ensuring a steady supply and helping to mitigate potential price volatility. There are different types of District of Columbia Natural Gas Inventory Forward Sale Contracts tailored to specific needs and circumstances. Some key types include: 1. Spot Contracts: These contracts involve the immediate delivery of natural gas, typically within a few days or weeks after the contract's execution. Spot contracts are useful for short-term supply requirements or immediate market opportunities. 2. Term Contracts: These contracts have longer durations, typically spanning several months or even years. Term contracts are suitable for participants who require consistent and reliable natural gas supply over an extended period. 3. Swing Contracts: Swing contracts provide flexibility in natural gas delivery schedules and quantities. Participants can adjust the volume of natural gas they receive within a specified range, providing adaptability to changing market conditions or demand fluctuations. 4. Fixed-Price Contracts: These contracts lock in a predetermined price for the natural gas to be delivered, protecting participants from potential price increases and creating stability in budgeting and financial planning. 5. Index Contracts: Index contracts utilize market indexes, such as NYMEX (New York Mercantile Exchange) prices, to determine the natural gas price. Participants benefit from the transparency and liquidity of the index market, ensuring a fair price benchmark for their inventory. The District of Columbia Natural Gas Inventory Forward Sale Contract provides a crucial mechanism for managing natural gas inventory, enabling participants to mitigate risks, secure supply, and efficiently plan their energy-related activities. These contracts offer various options tailored to individual needs, ensuring flexibility, stability, and transparency in the District of Columbia's natural gas market.

The District of Columbia Natural Gas Inventory Forward Sale Contract is a financial agreement that enables participants to sell or purchase natural gas inventory in the District of Columbia at a predetermined price for future delivery. This contract is specifically designed to facilitate the management of natural gas inventory and provide stability in the energy market. The District of Columbia Natural Gas Inventory Forward Sale Contract is an important tool for energy companies, producers, and distributors who seek to secure their inventory and manage price risks. By entering into these contracts, participants can lock in prices and quantities of natural gas, ensuring a steady supply and helping to mitigate potential price volatility. There are different types of District of Columbia Natural Gas Inventory Forward Sale Contracts tailored to specific needs and circumstances. Some key types include: 1. Spot Contracts: These contracts involve the immediate delivery of natural gas, typically within a few days or weeks after the contract's execution. Spot contracts are useful for short-term supply requirements or immediate market opportunities. 2. Term Contracts: These contracts have longer durations, typically spanning several months or even years. Term contracts are suitable for participants who require consistent and reliable natural gas supply over an extended period. 3. Swing Contracts: Swing contracts provide flexibility in natural gas delivery schedules and quantities. Participants can adjust the volume of natural gas they receive within a specified range, providing adaptability to changing market conditions or demand fluctuations. 4. Fixed-Price Contracts: These contracts lock in a predetermined price for the natural gas to be delivered, protecting participants from potential price increases and creating stability in budgeting and financial planning. 5. Index Contracts: Index contracts utilize market indexes, such as NYMEX (New York Mercantile Exchange) prices, to determine the natural gas price. Participants benefit from the transparency and liquidity of the index market, ensuring a fair price benchmark for their inventory. The District of Columbia Natural Gas Inventory Forward Sale Contract provides a crucial mechanism for managing natural gas inventory, enabling participants to mitigate risks, secure supply, and efficiently plan their energy-related activities. These contracts offer various options tailored to individual needs, ensuring flexibility, stability, and transparency in the District of Columbia's natural gas market.