Sacramento California Gas Storage Service Agreement

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

Description

This is an agreement for gas storage service. A Sacramento California Gas Storage Service Agreement is a legal contract between a gas storage provider and a customer in Sacramento, California, that outlines the terms and conditions of storing natural gas in a storage facility. This agreement typically includes details such as the duration of the storage, the gas storage capacity, the pricing structure, and the rights and obligations of both the provider and the customer. Keywords: Sacramento California, gas storage, service agreement, natural gas, storage facility, terms and conditions, duration, capacity, pricing structure, rights, obligations. There are typically two main types of Sacramento California Gas Storage Service Agreements: 1. Firm Storage Service Agreement: This type of agreement ensures a specified volume of natural gas storage for the customer during the contracted period. The storage capacity is reserved exclusively for the customer and cannot be allocated to other parties, ensuring consistent access to gas supply at all times, regardless of market conditions. 2. Interruptible Storage Service Agreement: Unlike the firm storage service agreement, this type allows the gas provider to interrupt or curtail the storage service to the customer during times of high demand or system constraints. The customer enjoys a lower pricing structure compared to the firm storage agreement but must be prepared for potential interruptions in gas supply. In both types of agreements, the storage provider is responsible for maintaining the storage facility, ensuring its safety and compliance with relevant regulations, and providing necessary reports related to the gas storage service. The customer, on the other hand, must adhere to the storage provider's operational and procedural guidelines, pay for the storage service based on the agreed pricing structure, and comply with any restrictions or requirements imposed by regulatory authorities. Overall, a Sacramento California Gas Storage Service Agreement is a crucial contract that allows customers to secure reliable and affordable natural gas storage services in the region, enabling them to meet their energy needs efficiently and effectively.

A Sacramento California Gas Storage Service Agreement is a legal contract between a gas storage provider and a customer in Sacramento, California, that outlines the terms and conditions of storing natural gas in a storage facility. This agreement typically includes details such as the duration of the storage, the gas storage capacity, the pricing structure, and the rights and obligations of both the provider and the customer. Keywords: Sacramento California, gas storage, service agreement, natural gas, storage facility, terms and conditions, duration, capacity, pricing structure, rights, obligations. There are typically two main types of Sacramento California Gas Storage Service Agreements: 1. Firm Storage Service Agreement: This type of agreement ensures a specified volume of natural gas storage for the customer during the contracted period. The storage capacity is reserved exclusively for the customer and cannot be allocated to other parties, ensuring consistent access to gas supply at all times, regardless of market conditions. 2. Interruptible Storage Service Agreement: Unlike the firm storage service agreement, this type allows the gas provider to interrupt or curtail the storage service to the customer during times of high demand or system constraints. The customer enjoys a lower pricing structure compared to the firm storage agreement but must be prepared for potential interruptions in gas supply. In both types of agreements, the storage provider is responsible for maintaining the storage facility, ensuring its safety and compliance with relevant regulations, and providing necessary reports related to the gas storage service. The customer, on the other hand, must adhere to the storage provider's operational and procedural guidelines, pay for the storage service based on the agreed pricing structure, and comply with any restrictions or requirements imposed by regulatory authorities. Overall, a Sacramento California Gas Storage Service Agreement is a crucial contract that allows customers to secure reliable and affordable natural gas storage services in the region, enabling them to meet their energy needs efficiently and effectively.