Liberty Gas Storage, LLC

Original Volume No. 1

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Effective Date: 04/15/2007, Docket: RP07-357-000, Status: Effective

Original Sheet No. 101 Original Sheet No. 101 : Effective

 

GENERAL TERMS AND CONDITIONS

FERC” or “Commission” means the Federal Energy Regulatory Commission or any

successor

2.13 “Fuel Reimbursement” shall have the meaning set forth in Section 19 of

the General Terms and Conditions of this FERC Gas Tariff.

2.14 “Gas” means natural gas in its natural state, produced from wells,

including casinghead gas produced with crude oil, natural gas from gas wells

and residue gas resulting from processing both casinghead gas, gas well gas and

natural gas received from the regasification facilities of a LNG terminal.

2.15 “Higher Priority Service” means any firm or secondary firm service.

2.16 “Internet Web Site” means Liberty's HTML site accessible via the

Internet's World Wide Web and located at http:/www.libertygasstorage.com.

2.17 “Interruptible” means that the parking, wheeling, loaning, imbalance

trading, or balancing service is subject to interruption at any time by

Liberty. A Customer may be required to withdraw Gas held in storage pursuant

to Exhibit B of the Hub Services Agreement, or provide Gas to Liberty, should

such capacity or quantities be required by a Higher Priority Service.

Service.

2.18 “Intraday nomination” means a nomination submitted after the nomination

deadline whose effective time is no earlier than the beginning of the Day and

runs through the end of that Day.

2.19 “Loan Balance” means the quantity of Gas, expressed in Dth, that Liberty

has loaned to Customer, provided that the Loan Balance shall never exceed

Customer's Maximum Loan Quantity specified in Exhibit B of Customer's Hub

Services Agreement.

2.20 “Maximum Balance Quantity” means the maximum quantity of Gas, expressed

in Dth, that Customer is permitted to have in storage in Liberty's storage

facility located in Calcasieu Parish, Louisiana, at any given time as specified

in Exhibit B of Customer's Hub Services Agreement.

2.21 “Maximum Daily Delivery Quantity” or “MDDQ” means the maximum quantity of

Gas, expressed in Dths, specified in Customer's Storage Service Agreement

(Exhibit B of the Hub Services Agreement, that Customer may nominate and that

Liberty shall deliver at a Point of Delivery located on its header system at

constant hourly rates of flow over the course of such Day (excluding Fuel

Reimbursement). As determined by Liberty in its sole and reasonable judgment,

the maximum quantity may be delivered at rates of flow which deviate from

constant hourly rates over the course of such Day.

2.22 “Maximum Daily Injection Quantity” or “MDIQ” means the maximum quantity

of Gas, expressed in Dth, specified in Customer's Storage Service Agreement

(Exhibit B of the Hub Services Agreement), that Customer may nominate and that

Liberty shall receive at all Point(s) of Receipt located on its header system

for injection into storage each Day at constant hourly rates of flow over the

course of such Day (excluding Fuel Reimbursement). As determined by Liberty in

its sole and reasonable judgment, the maximum quantity may be injected at rates

of flow which deviate from constant hourly rates over the course of such Day.

2.23 “Maximum Daily Receipt Quantity” or “MDRQ” means the maximum quantity of

Gas, expressed in Dths specified in Customer's Storage Service Agreement

(Exhibit B of the Hub Services Agreement), that Customer may nominate and that

Liberty shall receive at each Point of Receipt located on its header system at

constant hourly rates of flow over the course of such Day (excluding Fuel

Reimbursement). As determined by Liberty in its sole and reasonable judgment,

the maximum quantity may be received at rates of flow which deviate from

constant hourly rates over the course of such Day.