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Gas may be withdrawn and moved to any interconnect by using Mission Off transportation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 provides flexibility in managing transportation imbalances
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
Capture short-term price volatility opportunities or seasonal price differentials
Ensure commodity price to reduce risk
Protection for your supply (deliveries from storage are (a) diverted last during an involuntary diversion and (b) not affected by upstream pipeline interconnect constraints
Year-round injection and withdrawal capability, adding flexibility to your portfolio
Mission Path transportation from storage accounts to Citygate at no charge
Trading from a park/lend account to a storage account does not require a nomination
Storage balances can be traded with other storage customers, adding flexibility in portfolio management
Storage as a backup supply can allow elimination of existing alternate fuel systems