Garden Banks Gas Pipeline, LLC

Original Volume No. 1

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Effective Date: 04/12/2006, Docket: RP06-272-000, Status: Effective

Second Revised Sheet No. 230 Second Revised Sheet No. 230 : Effective

Superseding: First Revised Sheet No. 230

FT-2 TRANSPORTATION SERVICE AGREEMENT

 

 

17.5 Shipper shall retain title to the entire gas stream

Shipper delivers to Transporter, including liquid

hydrocarbons recovered from Shipper's gas by

Transporter using conventional gravity separation

facilities during transportation. Shipper hereby

reserves the right at any time and from time to time to

process the gas delivered to Transporter hereunder for

the extraction of substances contained therein,

including but not limited to, retrograde condensate,

liquid hydrocarbons, liquefiable hydrocarbons and

constituent elements (e.g., sulfur, carbon dioxide,

nitrogen, helium), herein called "Plant Products", and

Transporter specifically agrees not to have Shipper's

gas processed without Shipper's express written

consent. Any costs associated with Shipper exercising

its processing rights shall not be borne by

Transporter.

 

17.6 Shipper agrees to waive its rights to any revenues from

a release of its FT-2 capacity pursuant to Section 19

of the General Terms and Conditions to the extent such

revenues exceed the charges payable by Shipper under

this Agreement.

 

17.7 Shipper agrees to participate in the NGL Bank as

provided in Section 28 of the General Terms and

Conditions of Transporter's FERC Gas Tariff.

 

IN WITNESS WHEREOF, the Parties hereto have caused this

Agreement to be duly executed as of the date first hereinabove

written.

 

 

GARDEN BANKS GAS PIPELINE, LLC SHIPPER

 

 

BY:_________________________ BY:_________________________

 

TITLE:______________________ TITLE:______________________

 

DATE:_______________________ DATE:_______________________