Union Gas

A Spectra Energy Company

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Services

Loan

Looking to take advantage of market spreads? Require molecules now and want to pay back later?

Union Gas' Loan Service provides Shippers with the ability to withdraw (borrow) gas from Union Gas for a defined period and inject (repay) that same quantity over a period in the future. This service enables Shippers to capture market price spreads (sell high priced borrowed gas and buy low priced replacement gas), manage upstream curtailments or plant shutdowns, and manage delivery commitments on downstream pipelines.

A Loan can be contracted with either firm or interruptible injections and withdrawals. The term is also negotiable to meet your needs.

SERVICE INFORMATION

Service Highlights

  • Firm/Interruptible withdrawals and injections
  • Limited cycling rights - One turn service

Receipt and Delivery Points

  • Dawn

Pricing and Fuel

  • Negotiated demand price
  • Fuel included in price
  • Shippers are billed monthly

Contract


Contract Term

  • From two days to one year

Service Eligibility

  • Available to all Shippers who hold an Interruptible HUB contract
  • Requires credit review

Complementary Services


How to Request Service

HUB Contract Application Form
Contact your account manager.
Learn more

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