Maricopa Arizona Gas Storage Agreement

• Category: Oil Gas and Minerals - Agreements
• State: Multi-State
• County: Maricopa
• Control #: US-OG-723
• Format: Word; Rich Text

Description

This form is used when Owner owns and operates underground gas storage facilities and Customer desires storage service for natural gas to serve its Plant, and Owner is willing to render such storage services. Maricopa Arizona Gas Storage Agreement is a legally binding document that outlines the terms and conditions between the gas storage provider and the gas storage customer in Maricopa, Arizona. This agreement covers the utilization of gas storage facilities, specifying the rights, responsibilities, and obligations of both parties involved. The Maricopa Arizona Gas Storage Agreement offers various types of agreements to cater to the specific needs of different gas storage customers. These types include: 1. Short-Term Gas Storage Agreement: This type of agreement typically lasts for a relatively shorter duration, usually less than one year. It allows gas storage customers to store their natural gas supply for a defined period, providing flexibility and ensuring sufficient gas availability during peak demand periods or supply disruptions. 2. Long-Term Gas Storage Agreement: This agreement differs from the short-term agreement by offering gas storage for an extended period, often several years. It suits gas storage customers who require consistent and reliable gas supply for an extended duration, such as industrial facilities or large energy consumers. 3. Interruptible Gas Storage Agreement: This type of agreement permits gas storage providers to interrupt gas storage services to the customer during periods of high demand or system emergencies. In exchange for accepting this interruption, the customer often benefits from lower rates or other incentives. 4. Firm Gas Storage Agreement: Unlike the interruptible agreement, the firm gas storage agreement guarantees uninterrupted gas storage service to the customer. This is particularly crucial for customers with critical operations that rely heavily on a stable and continuous gas supply, such as healthcare facilities or essential public services. The Maricopa Arizona Gas Storage Agreement covers various essential aspects, including the gas storage capacity provided, pricing and payment terms, withdrawal and injection rights, operational and safety protocols, liability and insurance requirements, dispute resolution mechanisms, contract duration, and termination procedures. Gas storage customers in Maricopa, Arizona, can enter into these agreements to secure their gas supply, manage fluctuations in demand, and ensure operational continuity. These agreements offer the flexibility and reliability needed to meet the individual requirements of various industries and businesses operating in the region.

Maricopa Arizona Gas Storage Agreement is a legally binding document that outlines the terms and conditions between the gas storage provider and the gas storage customer in Maricopa, Arizona. This agreement covers the utilization of gas storage facilities, specifying the rights, responsibilities, and obligations of both parties involved. The Maricopa Arizona Gas Storage Agreement offers various types of agreements to cater to the specific needs of different gas storage customers. These types include: 1. Short-Term Gas Storage Agreement: This type of agreement typically lasts for a relatively shorter duration, usually less than one year. It allows gas storage customers to store their natural gas supply for a defined period, providing flexibility and ensuring sufficient gas availability during peak demand periods or supply disruptions. 2. Long-Term Gas Storage Agreement: This agreement differs from the short-term agreement by offering gas storage for an extended period, often several years. It suits gas storage customers who require consistent and reliable gas supply for an extended duration, such as industrial facilities or large energy consumers. 3. Interruptible Gas Storage Agreement: This type of agreement permits gas storage providers to interrupt gas storage services to the customer during periods of high demand or system emergencies. In exchange for accepting this interruption, the customer often benefits from lower rates or other incentives. 4. Firm Gas Storage Agreement: Unlike the interruptible agreement, the firm gas storage agreement guarantees uninterrupted gas storage service to the customer. This is particularly crucial for customers with critical operations that rely heavily on a stable and continuous gas supply, such as healthcare facilities or essential public services. The Maricopa Arizona Gas Storage Agreement covers various essential aspects, including the gas storage capacity provided, pricing and payment terms, withdrawal and injection rights, operational and safety protocols, liability and insurance requirements, dispute resolution mechanisms, contract duration, and termination procedures. Gas storage customers in Maricopa, Arizona, can enter into these agreements to secure their gas supply, manage fluctuations in demand, and ensure operational continuity. These agreements offer the flexibility and reliability needed to meet the individual requirements of various industries and businesses operating in the region.