Natural Gas Storage Act

The Natural Gas Storage Act is a law that regulates how natural gas storage facilities operate and are managed. Its purpose is to ensure reliable supply, fair pricing, and safe operation of underground or above-ground storage sites. The Act sets standards for storage capacity, safety procedures, and transparency in scheduling and planning. By overseeing these aspects, it helps balance supply and demand, especially during seasonal fluctuations, and protects consumers and the environment. Overall, it provides a legal framework that promotes efficient, safe, and reliable natural gas storage and distribution.