Bluewater Gas Storage, LLC

Original Volume No. 1

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Effective Date: 12/01/2006, Docket: CP06-351-001, Status: Effective

Original Sheet No. 158 Original Sheet No. 158 : Effective

 

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

submitting the highest bid prior to 4:00 p.m. CCT of the same Day on

which BLUEWATER accepts bids; provided, however, BLUEWATER reserves

the right to reject all bids. When the Gas is purchased at auction,

Customer must provide identification of the existing Storage Service

Agreement with BLUEWATER under which Customer shall store the Gas in

BLUEWATER's facilities.

 

Bluewater shall credit the net proceeds received from such

auction to all Customers whose Gas was not so purchased or retained

("Qualifying Customer") based on the ratio of the total charges paid

by each Qualifying Customer for service to the total amount of such

charges paid by all Qualifying Customers during the Month in which

the auction of Gas occurred. For the purposes of this Section, the

term "net proceeds" shall mean the total proceeds received from the

auction less any costs BLUEWATER incurred as a result of conducting

the auction or the purchase or retention of Customer's Gas.

 

Such credits shall be calculated for each Month of the twelve

(12) Month period ending July 31 of each year and will be included

on the Qualifying Customers' invoices for the Month following the

date of the final Commission order approving BLUEWATER's penalty

disbursement report; provided, however, that BLUEWATER will

calculate and include such credits on Qualifying Customers' invoices

for a period shorter than twelve (12) Months in the event and to the

extent that the total accumulated amount pursuant to this Section 32

by BLUEWATER as of the end of any Month exceeds $1,000,000.

BLUEWATER will file a penalty disbursement report within sixty (60)

days of July 31 or sixty (60) days after the end of the Month in

which the revenue collected exceeds $1,000,000. Any revenues

credited to Qualifying Customers pursuant to this Section shall

include interest calculated in accordance with Section 154.501(d) of

the Commission's regulations.

 

33. FORM OF SERVICE REQUEST

 

BLUEWATER GAS STORAGE, LLC

SERVICE REQUEST

 

Send to: Richard Tomaski

Vice President

BLUEWATER GAS STORAGE, LLC

333 Clay Street, Suite 1300

Houston, Texas 77002

Telephone: 713-652-3669

Facsimile: 713-652-3700

e-mail: rtomaski@bluewatergasstorage.com

 

 

INFORMATION REQUIRED FOR VALID STORAGE REQUEST

 

NOTE: Any change in the facts set forth below, whether before

or after service begins, must be promptly communicated to BLUEWATER

in writing.