Idaho Gas Storage Service Agreement

• Category: Oil Gas and Minerals - Agreements
• State: Multi-State
• Control #: US-OG-1014
• Format: Word; Rich Text

Description

This is an agreement for gas storage service. Idaho Gas Storage Service Agreement is a contractual agreement entered into between a gas storage provider and a customer in the state of Idaho. This agreement outlines the terms and conditions under which natural gas can be stored, withdrawn, and managed in underground storage facilities within Idaho. The Idaho Gas Storage Service Agreement covers various aspects that are essential for the smooth operation of gas storage services. It typically includes provisions detailing the customer's rights and obligations, the gas storage provider's responsibilities, and the terms of service. These agreements also incorporate guidelines for scheduling gas storage injections and withdrawals, as well as provisions regarding gas quality specifications and measurement. Depending on the specific needs and requirements of customers, Idaho Gas Storage Service Agreements may differ in terms of the type and duration of services provided. Some common types of Idaho Gas Storage Service Agreements include: 1. Firm Service Agreement: This type of agreement guarantees the customer a fixed amount of storage capacity, allowing them to inject and withdraw gas at any time. Firm service agreements are often preferred by customers who require reliability and flexibility in their natural gas storage operations. 2. Interruptible Service Agreement: Unlike the firm service agreement, an interruptible service agreement provides the customer with non-guaranteed storage capacity. This means that the gas storage provider may interrupt the service if there is an imbalance in supply and demand or in emergency situations. Interruptible service agreements are typically offered at a lower rate and provide customers with cost-saving options. 3. Balancing Service Agreement: This type of agreement is designed to enable customers to adjust their gas inventories to meet their daily supply and demand requirements. It allows them to balance their gas portfolio by injecting or withdrawing gas as needed, ensuring a smooth gas flow throughout the storage cycle. In addition to these different types of agreements, the Idaho Gas Storage Service Agreement may also include provisions related to pricing, billing, payment terms, force majeure, confidentiality, termination, and dispute resolution. Overall, the Idaho Gas Storage Service Agreement provides a comprehensive framework that governs the rights, responsibilities, and obligations of both the customer and the gas storage provider, ensuring the smooth and efficient operation of gas storage services in the state of Idaho.

Idaho Gas Storage Service Agreement is a contractual agreement entered into between a gas storage provider and a customer in the state of Idaho. This agreement outlines the terms and conditions under which natural gas can be stored, withdrawn, and managed in underground storage facilities within Idaho. The Idaho Gas Storage Service Agreement covers various aspects that are essential for the smooth operation of gas storage services. It typically includes provisions detailing the customer's rights and obligations, the gas storage provider's responsibilities, and the terms of service. These agreements also incorporate guidelines for scheduling gas storage injections and withdrawals, as well as provisions regarding gas quality specifications and measurement. Depending on the specific needs and requirements of customers, Idaho Gas Storage Service Agreements may differ in terms of the type and duration of services provided. Some common types of Idaho Gas Storage Service Agreements include: 1. Firm Service Agreement: This type of agreement guarantees the customer a fixed amount of storage capacity, allowing them to inject and withdraw gas at any time. Firm service agreements are often preferred by customers who require reliability and flexibility in their natural gas storage operations. 2. Interruptible Service Agreement: Unlike the firm service agreement, an interruptible service agreement provides the customer with non-guaranteed storage capacity. This means that the gas storage provider may interrupt the service if there is an imbalance in supply and demand or in emergency situations. Interruptible service agreements are typically offered at a lower rate and provide customers with cost-saving options. 3. Balancing Service Agreement: This type of agreement is designed to enable customers to adjust their gas inventories to meet their daily supply and demand requirements. It allows them to balance their gas portfolio by injecting or withdrawing gas as needed, ensuring a smooth gas flow throughout the storage cycle. In addition to these different types of agreements, the Idaho Gas Storage Service Agreement may also include provisions related to pricing, billing, payment terms, force majeure, confidentiality, termination, and dispute resolution. Overall, the Idaho Gas Storage Service Agreement provides a comprehensive framework that governs the rights, responsibilities, and obligations of both the customer and the gas storage provider, ensuring the smooth and efficient operation of gas storage services in the state of Idaho.