Pima Arizona Gas Storage Agreement

• Category: Oil Gas and Minerals - Agreements
• State: Multi-State
• County: Pima
• 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. Lima Arizona Gas Storage Agreement is a legally binding contract involving the storage of natural gas in Pima County, Arizona. This agreement outlines the terms and conditions between the gas storage provider and the customer for the storage and withdrawal of natural gas at a designated facility in Pima County. The Lima Arizona Gas Storage Agreement establishes the rights and responsibilities of both parties, including the quantity of gas to be stored, the duration of storage, and the fees or rates associated with the storage services. It ensures that the gas storage provider maintains the necessary infrastructure and capabilities to safely and efficiently store and retrieve natural gas as per the customer's requirements. There may be different types of Lima Arizona Gas Storage Agreements based on individual needs or industry-specific requirements. Some common types of Lima Arizona Gas Storage Agreements include: 1. Standard Gas Storage Agreement: This is a generic agreement that outlines the basic terms and conditions for gas storage services in Pima County. It typically covers aspects like gas injection, withdrawal procedures, scheduling, and payment terms. 2. Seasonal Gas Storage Agreement: This type of agreement caters to customers who require gas storage services only during specific seasons or periods of high demand. It may include provisions for adjusting storage volumes and rates based on seasonal requirements. 3. Interruptible Gas Storage Agreement: This agreement is designed for customers who can have their gas storage services interrupted or curtailed by the storage provider under certain conditions, such as when the system reaches its maximum capacity or during emergencies. 4. Firm Gas Storage Agreement: This type of agreement guarantees the availability and priority access to a contracted storage capacity throughout the agreed-upon period. It offers a higher level of reliability and ensures that the stored gas will be readily available when needed by the customer. 5. Customized Gas Storage Agreement: In some cases, a customized agreement may be created to meet specific requirements or unique circumstances of a particular customer. This type of agreement can be tailored to address individual needs, such as non-standard injection or withdrawal schedules, special safety protocols, or specific delivery points. It is important for parties entering into a Lima Arizona Gas Storage Agreement to carefully review and understand the terms, including the storage capacity limits, minimum and maximum withdrawal quantities, storage duration, pricing structures, and any penalties or remedies for breaches.

Lima Arizona Gas Storage Agreement is a legally binding contract involving the storage of natural gas in Pima County, Arizona. This agreement outlines the terms and conditions between the gas storage provider and the customer for the storage and withdrawal of natural gas at a designated facility in Pima County. The Lima Arizona Gas Storage Agreement establishes the rights and responsibilities of both parties, including the quantity of gas to be stored, the duration of storage, and the fees or rates associated with the storage services. It ensures that the gas storage provider maintains the necessary infrastructure and capabilities to safely and efficiently store and retrieve natural gas as per the customer's requirements. There may be different types of Lima Arizona Gas Storage Agreements based on individual needs or industry-specific requirements. Some common types of Lima Arizona Gas Storage Agreements include: 1. Standard Gas Storage Agreement: This is a generic agreement that outlines the basic terms and conditions for gas storage services in Pima County. It typically covers aspects like gas injection, withdrawal procedures, scheduling, and payment terms. 2. Seasonal Gas Storage Agreement: This type of agreement caters to customers who require gas storage services only during specific seasons or periods of high demand. It may include provisions for adjusting storage volumes and rates based on seasonal requirements. 3. Interruptible Gas Storage Agreement: This agreement is designed for customers who can have their gas storage services interrupted or curtailed by the storage provider under certain conditions, such as when the system reaches its maximum capacity or during emergencies. 4. Firm Gas Storage Agreement: This type of agreement guarantees the availability and priority access to a contracted storage capacity throughout the agreed-upon period. It offers a higher level of reliability and ensures that the stored gas will be readily available when needed by the customer. 5. Customized Gas Storage Agreement: In some cases, a customized agreement may be created to meet specific requirements or unique circumstances of a particular customer. This type of agreement can be tailored to address individual needs, such as non-standard injection or withdrawal schedules, special safety protocols, or specific delivery points. It is important for parties entering into a Lima Arizona Gas Storage Agreement to carefully review and understand the terms, including the storage capacity limits, minimum and maximum withdrawal quantities, storage duration, pricing structures, and any penalties or remedies for breaches.