Keyspan LNG, LP (Alng)

Third Revised Volume No. 1

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Effective Date: 01/27/2003, Docket: RP03-241-000, Status: Effective

Original Sheet No. 84 Original Sheet No. 84 : Effective

 

 

 

 

GENERAL TERMS AND CONDITIONS

(continued)

 

 

 

19. SCHEDULING OF SERVICE

 

19.5 Storage Inventory Adjustments. LNG delivered by Customer to KLNG

for storage under Rate Schedules FST-LG and IST-LG shall be

balanced on a Total Heating Value basis with LNG to be received by

Customer from KLNG after storage, after adjustment for boil-off

gas.

 

(a) Customer's storage inventory balance is subject to adjustment

based on actual boil-off rates, the amount of the Customer's

inventory and the length of time that Customer's inventory

has remained in the tank.

 

(b) Boil-off gas, like vaporization, will be treated as a receipt

on an Algonquin service agreement to be designated by the

customer.

 

(c) Estimates of boil-off gas may be utilized by KLNG to

establish Customer's Storage Inventory Balance at any time,

but final determination shall be made as soon as

practicable, and departures of estimates of such quantities

from such finally determined quantities shall be balanced

out within thirty days.