Panhandle Eastern Pipe Line Company, LP
THIRD REVISED VOLUME NO. 1
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Effective Date: 09/01/2004, Docket: RP04-426-000, Status: Effective
First Revised Sheet No. 112 First Revised Sheet No. 112 : Effective
Superseding: Original Sheet No. 112
RATE SCHEDULE GPS (Continued)
GAS PARKING SERVICE
Shipper's account may hold a negative parked quantity, which
shall mean the Quantity of Gas that Shipper has received from parking
in excess of the sum of the parked quantity at any point in time.
Nominations to receive such excess Quantity of Gas shall be confirmed
at Panhandle's reasonable discretion.
Panhandle shall accept Shipper's request to schedule a negative
parked Quantity when:
(a) The nomination does not interfere with Panhandle's ability
to provide services under all other Rate Schedules;
(b) Shipper's Transportation Service Agreement has sufficient
available capacity to receive or deliver Gas at the
(c) Line pack is sufficient to satisfy the Shipper's request;
(d) The nomination of such excess Quantity of Gas would have
no adverse effect on system operations; and
(e) The nomination does not result in an imbalance due
Panhandle on Shipper's Transportation Service Agreement.
A Pooling Shipper may elect to have Panhandle utilize the
Pooling Shipper's Gas Parking account to balance nominated receipts
and deliveries under Shipper's associated Pooling Transportation
Agreement at a Pool Point on a daily basis. Such election requires a
separate Parking Service Agreement. Pooling Shipper shall make such
election and specify the Pooling Transportation Agreement and Pool
Point at the time the Parking Service Agreement is executed.