El Paso Natural Gas Company

Second Revised Volume No. 1A

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Effective Date: 04/01/2010, Docket: RP10-454-001, Status: Effective

First Revised Sheet No. 325 First Revised Sheet No. 325

 

TRANSPORTATION GENERAL TERMS AND CONDITIONS

(Continued)

 

15. REVENUE SHARING MECHANISM

 

15.3 (Continued)

 

(c) The lesser of the revenues computed pursuant to Sections

15.3(a) and 15.3(b) will be multiplied by 75% and that

product will be credited to Shippers. Transporter shall

retain the remaining 25%. If there is no revenue

resulting from the computation pursuant to Section

15.3(a), no credit will be issued.

 

(d) Revenue crediting will occur in March of each year and

shall be allocated among all Shippers pro rata based on

the Total Jurisdictional Revenues received from each such

Shipper in relation to the Total Jurisdictional Revenues

received from all Shippers.

 

15.4 If Transporter provides revenue sharing credits for a yearly

period, it will file a refund report with FERC detailing the

applicable revenue sharing activity no later than June 1 of the

following Year.

 

15.5 This Section 15 shall terminate upon the effectiveness of any

general system-wide rate case filed after January 1, 2009.