8. Commitments and contingencies (continued)
b. Contingencies
The Corporation is involved in litigation resulting from the 2014 natural gas incident in the community of Regina Beach, Saskatchewan. The Corporation does not expect the outcomes to result in any material financial impact.
9. Unrealized market value adjustments
For the Three Months Ended September 30
For the Six Months Ended September 30
2018
2017
2018
2017
(millions)
Change in fair value of natural gas derivative instruments
$
7 4
$
-
$
1
$
6
Change in revaluation of natural gas in storage to net realizable value
(3)
16
(7)
$
11
$
(3)
$
17
$
(1)
10. Natural gas sales and purchases
For the Three Months Ended September 30 2018 2017 Gas Gas
Commodity Marketing Total
(millions)
Commodity Marketing Total
Natural gas sales Natural gas sales to commodity customers
$
26
$
-
$
26
$
14
$
-
$
14
Realized on natural gas derivative instruments
-
61
61
-
52
52
Change in fair value of natural gas derivative instruments
-
(3)
(3)
-
(1)
(1)
26
58
84
14
51
65
Natural gas purchases Realized on natural gas derivative instruments
(21)
(59)
(80)
(15)
(44)
(59)
Change in fair value of natural gas derivative instruments Change in revaluation of natural gas in storage to net realizable value
10
-
10
1
-
1
-
4
4
-
(3)
(3)
(11)
(55)
(66)
(14)
(47)
(61)
$
15
$
3
$
18
$
-
$
4
$
4
25
2018-19 SECOND QUARTER REPORT
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