Niska Gas Storage Partners LLC (Niska Partners) owns and operates natural gas storage assets. The Company owns or contracts for approximately 225.5 billion cubic feet of total natural gas storage capacity. The Company stores natural gas for a broad range of customers, including financial institutions, marketers, pipelines, power generators, utilities and producers of natural gas. The Company provides multi-year, multi-cycle storage services to its customers under long-term firm( LTF) contracts. Under its LTF contracts the Company's customers are obligated to pay them monthly reservation fees in exchange for the right to inject, store and withdraw volumes of natural gas on days and for periods selected by them at injection or withdrawal rates up to maximums specified in the contract.