SaskEnergy First Quarter Report - June 30, 2022

Notes to the Consolidated Financial Statements (unaudited)

13.

NATURAL GAS SALES AND PURCHASES

For the Three Months Ended June 30,

Asset 2022

Asset 2021

Commodity Optimization Total

(millions)

Commodity Optimization Total

NATURAL GAS SALES Natural gas sales to

$

30

$

-

$

30

commodity customers Realized on natural gas derivative instruments

$

20

$

-

$

20

-

114

114

-

30

30

Change in fair value of natural gas derivative instruments

-

17

17

-

(9)

(9)

30

131

161

20

21

41

NATURAL GAS PURCHASES Realized on natural gas derivative instruments Change in fair value of natural gas derivative instruments

(28)

(108)

(136)

(19)

(29)

(48)

(1)

(17)

(18)

16

8

24

Change in revaluation of natural gas in storage to net realizable value

-

(1)

(1)

-

-

-

(29)

(126)

(155)

(3)

(21)

(24)

$

1

$

5

$

6

$

17

$

-

$

17

14. DELIVERY REVENUE

For the Three Months Ended June 30,

2022

2021

(millions)

$

30 25

Basic monthly charge

$

30 21

Delivery revenue

2

Other

3

$

57

54

$

29

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