A service in which natural gas is received by the seller of the service and held for the account of the customer for redelivery at a later time. Storage services are typically utilized by customers to allow more even purchases or sales of natural gas throughout the year, despite variations in end-use demand. Storage service is also a critical element of the peak period deliverability of many interstate natural gas pipelines and distributors. Injection, withdrawal and holding fees are usually charged, and limits an rates, times of injection and withdrawal, and maximum volumes to be held are usually imposed.
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