Our Business - Marketing Services | CrossAlta Gas Storage & Services Ltd.

CrossAlta’s goal is to become your supplier of choice for natural gas storage services. We market our own storage capacity and provide commercial natural gas marketing services to a variety of customers, including marketers, utilities, aggregators and producers. We are focused on providing our customers with a highly flexible range of competitively priced services designed to suit individual requirements. We are also committed to providing superior customer services to meet the growing needs of our customers.

An important element that makes CrossAlta unique is the fact that we are service providers – we do not buy or sell gas. Our goal is to assist our customers in becoming more effective in their trading and marketing activities. CrossAlta offers a broad range of storage alternatives to customers and we can design a customized storage plan to meet your business needs. Our typical services include: 

Firm Storage: 

Firm Storage services allow customers to inject gas in the summer and withdraw gas in the winter and to take advantage of market volatility throughout the year.  The customer can customize the injection and withdrawal profiles with a flexible cycling rate based on their companies needs. Contract terms can range from 1 – 5 years. 

Interruptible Storage: 

Interruptible Storage services offers customers firm winter withdrawal rights, with best efforts injection rights. It provides low cost access to storage when it is available. 

Parks and Loans:

Parks and Loans allow customers to store gas for a short term and withdraw in a higher priced period. Alternatively, Crossalta can also lend or advance gas (“loan”) to a customer for a specified period of time, for return in a lower priced environment.    

CrossAlta is strategically located on the TransCanada Alberta pipeline system. Storage deals are negotiated based on the AECO NIT market which is one of the most liquid natural gas trading locations in North America.  

 

Advantages of Natural Gas Storage:

  • Seize Arbitrage Opportunities (seasonal, month to month, day to day).  Allows customers to capture buying opportunities during low demand periods.
  • Provides a storage value ‘option’ on natural gas prices (spread option)
  • Provides a physical balancing tool (operational balancing).  Avoid pipeline imbalance penalties and allows customers to optimize system operations (tolerance accounts etc)
  • Take advantage of market volatility and opportunities as a result of price movements.  

Advantages of Crossalta Gas Storage:

  • Offer customizable storage services to meet customer specific needs
  • Storage products are competitively priced
  • Established reputation for reliable and superior customer service
  • Financially sound owners, TransCanada Pipelines Limited and BP Canada Energy Company
 

For Marketing related questions please contact:

Marty Laznicka
Director, Marketing
Phone Number:  403-298-3578
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Albert Luc
Senior Marketing Representative
Phone Number:  403-298-3576
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