ANR Pipeline Company

Second Revised Volume No. 1

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Effective Date: 02/01/1998, Docket: RP98- 92-000, Status: Effective

Second Revised Sheet No. 138 Second Revised Sheet No. 138 : Effective

Superseding: First Revised Sheet No. 138

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

(c) The Cashout Price will be equal to the Louisiana Spot Price

Index, the Oklahoma Spot Price Index, the Canadian Spot

Price Index, or the Mainline Spot Price Index, as

applicable, as such spot price indices are defined in

Section 16 of these General Terms and Conditions, and shall

be applicable to imbalances associated with Southeast

Receipts, Southwest Receipts, Canadian Receipts and

Mainline Receipts, respectively. The indicated

percentage(s) of the Cashout Price (as defined below) will

be paid for the Excess/Deficient Quantities that fall

within each respective bracket of the total imbalances (1)

by Transporter to Shipper (as full consideration, inclusive

of taxes and any other amounts) for Excess Quantities or

(2) by Shipper to Transporter for Deficient Quantities,

based on the scale set forth below:

 

Transporter Pays Shipper the following % of Imbalance:

 

Percentage of the Cashout

Price for the Excess

% of Imbalance Quantities

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

> 0% Up to 5% 100%

> 5% Up to 10% 85%

> 10% Up to 15% 70%

> 15% Up to 20% 60%

> 20% 50%

 

Shipper Pays Transporter the following % of Imbalance:

 

Percentage of the Cashout

Price for the Deficient

% of Imbalance Quantities

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

> 0% Up to 5% 100%

> 5% Up to 10% 115%

> 10% Up to 15% 130%

> 15% Up to 20% 140%

> 20% 150%