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Third Revised Sheet No. 39 Third Revised Sheet No. 39 : Superseded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