Garden Banks Gas Pipeline, LLC
Original Volume No. 1
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Effective Date: 06/01/2007, Docket: RP07-421-000, Status: Effective
Third Revised Sheet No. 25 Third Revised Sheet No. 25 : Effective
Superseding: Sub Second Revised Sheet No. 25
RATE SCHEDULE FT-2
FIRM TRANSPORTATION SERVICE
in the Service Request Form. Shipper may request a
separately stated MDQ under its FT-2 Transportation
Service Agreement for specified Delivery Periods of
not less than 3 consecutive months; provided,
however, that such separately stated MDQs are
supported by an estimated life of lease production
forecast for the Committed Block(s) included in the
Service Request Form; and provided further, that
the separately stated MDQ shall not be less than
the lesser of (i) 5,000 Mcf per day or (ii)
Shipper's share of production from the Committed
Block(s) during any specified Delivery Period.
(b) Receipt/Delivery Point(s): The designated Receipt
Point(s) and Delivery Point(s) for the requested
transportation together with the name of the entity
delivering gas to Transporter and the name of the
entity to receive the gas from Transporter.
(c) Term: The proposed commencement and termination
dates of service. For all requests for service
under this Section 6.2 received on or after June 1,
2007, the term of service shall be for the economic
life of the Committed Blocks as set out in the
associated Reserve Commitment Agreement. For those
FT-2 TSAs in effect as of June 1, 2007, any Shipper
under such FT-2 TSAs shall have the one-time right,
exercisable during the period June 1, 2007 through
September 1, 2007, to amend the term of its FT-2
TSA to the term for the economic life of the
Committed Blocks as set out in the associated
Reserve Commitment Agreement by submitting a
request to Transporter.
(d) Shipper Certification: A statement by the Shipper
certifying that all necessary upstream and
downstream arrangements will be in place on the
date the transportation service is to commence and
that Shipper will have title to the gas to be
delivered to Transporter.
(e) Facilities: Identification and location of any
facilities to be constructed or installed by any
party affected by the proposed transportation
service.
(f) Committed Block(s): Identification of the
Committed Block(s) and Shipper's interest therein.
6.3 Credit Evaluation
(a) Any person seeking new service from Transporter under Rate
Schedule FT-2 must comply with the Creditworthiness criteria
in Section 34 of the General Terms and Conditions.