05.07.2009

The efficient and effective movement of natural gas from producing regions to consumption regions requires an extensive and elaborate transportation system. In many instances, natural gas produced from a particular well will have to travel a great distance to reach its point of use. The transportation system for natural gas consists of a complex network of pipelines, designed to quickly and efficiently transport natural gas from its origin, to areas of high natural gas demand.

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A contract between a gas producer and a pipeline company which requires the pipeline company to pay for a set amount of gas whether or not the buyer takes delivery of the full amount

The tendency for price signals to be easily visible to all participants and for market pressures to be quickly reflected in price levels.

The grid of high-voltage wires that carries large amounts of electric power from the generation plan to the distributing utility