Iroquois Gas Transmission System, L.P.
FIRST REVISED VOLUME NO. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 10/17/2006, Docket: RP06-177-000, Status: Effective
Third Revised Sheet No. 33 Third Revised Sheet No. 33 : Effective
Superseding: Second Revised Sheet No. 33
2. APPLICABILITY AND CHARACTER OF SERVICE
2.1 This Rate Schedule PAL and the rates set forth
herein shall apply to all park and loan service rendered
under a Park and Loan Service Contract for such service
whenever Transporter is able and willing to offer such park
and loan service. Park and loan service provided hereunder
is of a lower Priority than transportation provided
pursuant to Rate Schedules RTS, ITS, and HUB and is subject
to curtailment or interruption as Transporter deems
2.2 Park and loan services available under this Rate
(a) Parking Service. Parking Service shall consist
of (i) Transporter's receipt of natural gas tendered gas
tendered by Shipper for parking service ("Parked
Quantity"); (ii) the holding of the Parked Quantity for
Shipper's account at the point(s) specified in Shipper's
nomination ("Parking Point(s)"),and (iii) Transporter's
redelivery of the Parked Quantities to Shipper, or for
Shipper's account, at the Parking Point.
(b) Loan Service. Loan Service shall consist of
(i) Transporter's advancement (loan) of the quantity of
natural gas nominated by Shipper ("Loaned Quantity"), up to
the Maximum Balance Quantity specified in Shipper's Park
and Loan Service Contract, at the point(s) specified in
Shipper's nomination ("Loan Point(s)"); and (ii) Shipper's
redelivery of the Loaned Quantities and Transporter's
acceptance of such volumes for Shipper's account at the
(c) Title Transfer Service. Title Transfer Service
shall consist of Transporters' redelivery (Title Transfer)
of the Parked/Loaned Quantities to another Shippers'
account at the Parking/Loaning Point.
2.3 Subject to the availability of capacity, any
Receipt or Delivery on Transporter's system may be
nominated as a Parking Point or Loan Point.