Midwestern Gas Transmission Company

SECOND REVISED VOLUME NO. 1

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Effective Date: 05/01/2000, Docket: RP00-233-000, Status: Effective

Third Revised Sheet No. 39 Third Revised Sheet No. 39 : Superseded

Superseding: Second Revised Sheet No. 39

 

 

RATE SCHEDULE LMS-PA

Load Management Service - Receipt Points

 

 

The Index Price shall be posted on PASSKEY. The Index Price shall be calculated

by using Natural Gas Week's "Gas Price Report." The Index Price shall be a

weighted average price based upon the general system deliverability on Tennessee's

system (such system deliverability being updated semi-annually) from four Receipt

Regions and the applicable Region Prices for such Receipt Regions (the Receipt

Regions are Texas Offshore, Texas Onshore, Louisiana Offshore, and Louisiana

Onshore). The Index Price will be posted on PASSKEY in a reasonable time after

receipt of Natural Gas Week's "Gas Price Report." The applicable general system

deliverability will also be posted on PASSKEY. If Natural Gas Week's "Gas Price

Report" is no longer published, Transporter shall use the alternative spot price

indices agreed to be used under Tennessee's Rate Schedule LMS-PA. Transporter

shall allocate "cash-outs" with other upstream pipelines according to the same

formula.

 

For the purpose of determining the level at which a Balancing Party's imbalance

shall be cashed out, if a Balancing Party has an imbalance outside a given

tolerance level, the escalating or declining percentage of the Index Price will

apply only to the portion of the imbalance outside of the tolerance level.

 

The amounts due hereunder shall be paid in accordance with Articles V and VI of

the General Terms and Conditions of Transporter's FERC Gas Tariff.