Black Marlin Pipeline Company
First Revised Volume No. 1
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Effective Date: 11/01/2002, Docket: RP02-568-000, Status: Effective
First Revised Sheet No. 213F First Revised Sheet No. 213F : Superseded
Superseding: Substitute Original Sheet No. 213F
GENERAL TERMS AND CONDITIONS
(continued)
10.A.INTERRUPTIBLE REVENUE SHARING
Beginning with the twelve (12)-month period ending October 31, 1994, and
at the end of each twelve (12)-month period ending October 31 there-
after, Transporter shall determine the net transportation revenue
generated from Transporter's Offshore System under all interruptible
transportation rate schedules during the preceding November through
October period by deducting from the total amount of such revenues the
following:
(a) variable costs and applicable surcharges. For the purpose of this
Section (a) variable costs shall mean the Rate Schedule FTS
commodity rate multiplied by the volumes delivered under
Transporter's interruptible rate schedules; and
(b) fixed cost allocated to Transporter's interruptible transportation
service.
The interruptible revenues remaining after deducting (a) and (b) shall
be referred to as "Net Interruptible Revenues". If Net Interruptible
Revenues are positive, then Transporter shall credit ninety percent
(90%) of Net Interruptible Revenues plus interest computed according to
Section 154.67 of the Commission's Regulations to Shippers under
Transporter's firm transportation rate schedules based on the ratio that
each Shipper's revenues generated from non-discounted Reservation
Charges bear to the total revenues generated from all non-discounted
Reservation Charges during the 12-month period.
Transporter shall have the right to retain all surcharges, variable
costs, and fixed costs up to the amount allocated to interruptible
transportation as described above, and ten percent (10%) of Net
Interruptible Revenues. Revenues generated from Transporter's Onshore
System shall not be subject to revenue sharing.