Bluewater Gas Storage, LLC

Original Volume No. 1

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Effective Date: 04/01/2008, Docket: RP08-249-000, Status: Effective

First Revised Sheet No. 146 First Revised Sheet No. 146 : Pending

Superseding: Original Sheet No. 146

GENERAL TERMS AND CONDITIONS

(Continued)

 

 

(c) Calculation of Credits Against Reservation Charges.

For each Day on which a Customer's firm service under Rate

Schedules FSS, FP or FL is curtailed such that Customer does not

receive at least 98% of its scheduled service, BLUEWATER shall

calculate credits against the Customer's Reservation Charges

payable under Rate Schedules FSS, FP or FL and its Storage Service

Agreement; provided, that BLUEWATER shall not be required to

provide Reservation Charge credits during the first ten (10) Days

of curtailment due to an event of Force Majeure declared by

BLUEWATER and; provided further, BLUEWATER shall not be required

to provide Reservation Charge credits for curtailments or other

service interruptions that are the result of Customer's conduct or

the result of actions or inactions by pipeline Transporters.

BLUEWATER shall calculate Reservation Charge Credits for each

applicable Day of curtailment using the following formulae:

 

 

Curtailment of a firm Customer's injections:

 

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

 

Curtailment of a firm Customer's withdrawals:

 

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. Customer's NNSS Reservation Charges, if applicable,

shall be combined with its FSS Reservation Charges for this

calculation.

 

#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 by BLUEWATER.

 

CNWQ = The Curtailed Nominated Withdrawal Quantity, which shall be

the quantity of Customer's nominated withdrawals actually

curtailed on each Day of the Month by BLUEWATER.

 

 

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.