Description of how the above efp contract is executed

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Reference no: EM133327297

Question: An end-user needs local supply of natural gas for the next month. Hedging against adverse price movement, they enter an EFP with a local supplier to fix their local purchase price. The EFP differential is a mere 30 cents (per MMBtu).

provide a detailed description of how the above EFP contract is executed.

Reference no: EM133327297

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