Destin Pipeline Company, L.L.C.

Original Volume No. 1

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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