csg underground storage announcement, page-9

Good questions jake002. How it works I am not totally sure yet as still reading. But it appears there is a 3 to 4 part charging structureas follows:
1. Reservation charge
2. Injection charge
3. Withdrawal charge
4. Fuel reimbursement charge (for running the pumps I think)

They tend to have a "non-binding Expression of Interest" prospectus for the available capacity, and would expect to run the facility for 10/20/30 years or more as there is an ever increasing demand for storage in the States. I guess if you put in 7.5PJ and wanted it all back, termination of the contract, then it may be difficult to get all the gas out.

A customer may want the full 7.5PJ or MOS would have to purchase the base 3.5PJ and then recover that in its pricing over time.

hope that helps.

Cheers
Rossco