Components of Service

• Firm Inventory
• Firm or As-Available (AA) Injection
• Firm or As-Available (AA) Withdrawal

Standard Features

• Negotiable injection, inventory, and withdrawal ratios
• Inventory required for the duration of contract
• Firm and As-Available injection and withdrawal available year-round
• Storage components may include reservation and usage price structures
• Injection/withdrawal pricing can be fixed, indexed, or structured for profit sharing
• Inventory transfers between Pacific Gas and Electric Company California Gas Transmission storage accounts
• Inventory reservation charges are pro-rated over term of contract
• Injection and withdrawal reservation fees are charged in applicable month
• Injecting gas already at the Citygate or withdrawing gas and moving it to another Citygate location incur no incremental transportation costs. These nominations use Mission On as-available transportation, which has zero cost.
• Gas from any interconnect may be injected by using on-system transportation on the appropriate path
• Gas may be withdrawn and moved to any interconnect by using Mission Off transportation

Value-Added Features

• Imbalance trading
• Transportation to other receipt points (i.e., pipeline interconnects)
• Trades to and from Market Center Park and Lend accounts
• Transfers using Market Center to other receipt points

Arbitrage
Capture short-term price volatility opportunities or seasonal price differentials

Hedging
Ensure commodity price to reduce risk

Supply Protection
Deliveries from storage are diverted last during an involuntary diversion
Deliveries from storage are not affected by upstream pipeline interconnect constraints

Year-Round Injection and Withdrawal Services
Firm and As-Available services provide year-round injection and withdrawal capability facilitating multiple inventory cycles and adding flexibility

Storage to Citygate Transport
Mission Path transportation from storage accounts to Citygate at no charge

Imbalance Trading
Provides flexibility in managing transportation imbalances

Park/Lend Account Trading
Trading from a park/lend account to a storage account does not require a nomination

Inventory Transfer
Storage balances can be traded with other storage customers adding flexibility in portfolio management

Backup Supply
Storage as a backup supply can allow elimination of existing alternate fuel systems