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. 140 Original Sheet No. 140 : Effective

 

GENERAL TERMS AND CONDITIONS

(c) Calculation of Credit Against Reservation Charges. For each Day on

which a Customer's firm service under Rate Schedules FSS or SFS is curtailed

due to an event of Force Majeure declared by Liberty, Liberty shall calculate

credits against the firm Customer's Reservation Charges payable under Rate

Schedules FSS or SFS and its Storage Service Agreement using the following

formulae:

Curtailment of a firm Customer's injections due to Force Majeure:

Reservation Charge Credit = RC/#Days X CNIQ/MDIQ

Curtailment of a firm Customer's withdrawals due to Force Majeure:

Reservation Charge Credit = RC/#Days X CNWQ/MDWQ

Where:

RC = The Customer's Reservation Charges for the Month, calculated using the

rates set forth in the Customer's Storage Service Agreement.

#Days = The number of Days in the Month.

CNIQ = The Curtailed Nominated Injection Quantity, which shall be the quantity

of Customer's nominated injections actually curtailed on each Day in the Month

due to a Force Majeure declared by Liberty.

CNWQ = The Curtailed Nominated Withdrawal Quantity, which shall be the quantity

of Customer's nominated withdrawals actually curtailed on each Day of the Month

due to a Force Majeure declared by Liberty.

MDIQ = The firm Customer's Maximum Daily Injection Quantity, as set forth in

its Storage

Service Agreement.

MDWQ = The firm Customer's Maximum Daily Withdrawal Quantity, as set forth in

its Storage Service Agreement.