Destin Pipeline Company, L.L.C.
Original Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 10/01/1998, Docket: RP98-239-001, Status: Effective
First Sub Original Sheet No.23A First Sub Original Sheet No.23A : Effective
RATE SCHEDULE FT-2
Firm Transportation Service
(Continued)
4. BANKING PROVISION
from particular production platform(s) for a continuous three-month period
due to damage to, or the destruction, in whole or in part, of said
platform(s) or other production facilities associated with such
platform(s), resulting from a Supervening Cause (as defined below), then
SHIPPER shall be permitted to accumulate each day for such period of
nonproduction commencing from the first date of nonproduction up to a
maximum term of six (6) months (Nonproduction Period) transportation
credits in an amount equal to such SHIPPER's TD allocated to the affected
Receipt Point(s) in effect for each day in the Nonproduction Period under
its Rate Schedule FT-2 Service Agreement multiplied by its most recent
Shipper Specific Heating Value less the total capacity released under
such agreement on such day (Unutilized Volumes). To utilize its
Unutilized Volumes, SHIPPER may nominate in accordance with Section 12 of
the General Terms and Conditions volumes of gas multiplied by its Shipper
Specific Heating Value in an amount less than or equal to its cumulative
Unutilized Volumes and COMPANY shall schedule such volumes to the extent
that COMPANY has capacity available; provided that such volumes transported
under SHIPPER's IT Service Agreement as set forth below shall be deemed to
be transported at the maximum lawful IT rate for purposes of allocating IT
Service under Section 12.2(b)(iv) of the General Terms and Conditions.
Such volumes shall be transported under SHIPPER's FT-2 Service Agreement,
except that, to the extent that the quantity of gas that SHIPPER delivers
to COMPANY on a day exceeds the TD in effect for such day under SHIPPER's
FT-2 Service Agreement, such excess quantity shall be transported under
SHIPPER's IT Service Agreement. To the extent that the quantity of gas
that SHIPPER delivers to Destin on a day exceeds 70% of SHIPPER's
Transportation Demand in effect for such day under SHIPPER's FT-2 Service
Agreement, then such quantity in excess of 70% of SHIPPER's
TD (including such quantities shipped under the IT Service Agreement),
shall be transported at a rate equal to the minimum IT rate in effect
at the time of service, plus Surcharges and fuel, until the cumulative
Unutilized Volumes are reduced to zero. The cumulative Unutilized