№ lp_1_2_40146
Standard-form contractual terms governing a virtual gas storage service transaction under the EFET framework, defining rights and obligations of the storage seller and storage buyer for gas injection, withdrawal, nominations, quantities, fees, and reporting.
Organization: European Federation of Energy Traders (EFET)
Document type: Individual contract
Industry: Natural gas
Transaction type: Virtual gas storage service
Related agreement: EFET General Agreement Concerning the Delivery and Acceptance of Natural Gas
Parties: Storage Seller; Storage Buyer
Subject matter: Injection and withdrawal of natural gas volumes under a virtual storage arrangement
Service period: Total Supply Period with optional Injection Period and Withdrawal Period
Delivery point: As specified in the contract
Fees: Storage service fee; monthly storage service fee; injection fee; withdrawal fee
Quantities: Maximum and minimum working gas quantities; maximum injection and withdrawal quantities per time unit
Nomination rules: Nomination deadlines, limits, and confirmation conditions
Date of conclusion: Not specified
Legal notes: Use limitation, waiver of liability, requirement for independent legal and tax advice
Price: 8 / 10 USD
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