Gulfstream Natural Gas System, L.L.C.

Original Volume No. 1

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Effective Date: 10/01/2009, Docket: RP02-361-078, Status: Effective

First Revised Sheet No. 8.02n First Revised Sheet No. 8.02n

Superseding: Original Sheet No. 8.02n

 

STATEMENT OF NEGOTIATED RATES

 

Contract Contract Rate Reservation Usage Receipt Delivery

Shipper Number Term Schedule Rate 3/ 4/ 7/ 8/ Rate 3/ 4/ 7/ 8/ Points Points Quantity

------- -------- -------- -------- -------------- --------- --------- --------- --------

Florida Power and Light Co.

9028411R2 6/ 1/ FTS $0.5700 $0.0055 5/ 3/ 345,000 Dth/d 2/

 

 

1/ Service under this Agreement shall commence on the Test Gas Service Commencement Date, as defined in the Precedent Agreement between Transporter

and Shipper dated September 8, 2005 ("Precedent Agreement") and shall continue until October 1, 2032.

 

2/ For the period commencing on the Test Gas Service Commencement Date and continuing until the Service Commencement Date the Maximum Daily

Quantity ("MDQ") of this agreement shall be 185,000 Dth/d.

 

3/ The Reservation Rate is stated in dollars per Dth per day of MDQ under the Agreement. The Usage Rate is stated in dollars per Dth per day

delivered under the Agreement to Shipper's West County Energy Center facility located in Palm Beach County, Florida and Shipper's Martin

electric generation facility located in Martin County, Florida (the West County Energy Center and Martin plant are referred to collectively as

"Plant"). The negotiated rates set forth above will apply only to deliveries under the Agreement at the Plant and to any other delivery point

on a secondary basis. In the event that Shipper changes the primary delivery point under the Agreement to any location other than the Plant,

then the negotiated rates set forth above shall terminate effective immediately and the rates applicable shall be Transporter's applicable

maximum Recourse Rates in effect pursuant to Transporter's Tariff unless and until otherwise agreed to in writing by Shipper and Transporter.

In the event that Shipper releases its firm transportation rights under the Agreement, Shipper shall continue to be obligated to pay Transporter

for the difference, if any, by which the negotiated rates set forth above (and all other applicable rates contemplated in Footnote 4 below)

exceeds the release rate.

 

4/ A Usage-2 Rate shall apply to service under the Agreement as specified from time to time in Section 3 of Rate Schedule FTS in Transporter's

Tariff. All applicable surcharges, including but not limited to the SBA surcharge, and the applicable Transporter's Use percentage (as revised

periodically in accordance with the general terms and conditions ("GT&C") of Transporter's Tariff), as all such charges, surcharges and

percentages are in effect from time to time for service under Transporter's Rate Schedule FTS.

 

5/ This negotiated rate is available at all receipt points.

 

6/ The Agreement does not deviate in any material respect from the Form of Service Agreement contained in Transporter's Tariff.

 

7/ Pursuant to the GT&C of Transporter's Tariff, the Negotiated Rates set forth herein shall collectively constitute a "negotiated rate." Shipper

agrees that the otherwise generally applicable maximum Recourse Rate(s) in effect pursuant to Transporter's Tariff shall not apply to or be

available to Shipper for service under the Agreement during the term of the negotiated rates set forth above (except to the extent expressly

stated above in Footnote 3 or at any and all times when the negotiated rates are not otherwise applicable to service under the Agreement

pursuant to the terms of the negotiated rate agreement), notwithstanding any adjustments to such generally applicable maximum Recourse Rate(s)

which may become effective during the term of the negotiated rates set forth above.