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TeachMeFinance.com - explain Storage agreement Storage agreement The term 'Storage agreement' as it applies to the area of energy can be defined as ' Any contractual arrangement between the responding company and a storage operator under which gas was stored for, or gas storage service was provided to, the responding company by the storage operator, irrespective of any responding company ownership interest in either the storage facilities or stored gas'. Previous 5 Terms: Stoney gate Stoping Stoplogs Storage Storage additions Next 5 Terms: Storage capacity Storage field capacity (underground gasstorage) Storage hydroelectric plant Storage site Storage withdrawals About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.