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. 599 First Revised Sheet No. 599 : Effective
Superseding: Original Sheet No. 599
RATE SCHEDULE PS (Continued)
PEAKING STORAGE SERVICE
FORM OF STORAGE AGREEMENT
Monthly Stored Average Daily
Volume Stored Volume
Month (Dt.) (Dt./Day)
For each specified period of the Agreement:
Effective from: ____________ Through: ___________
April
May
June
July
August
September
October
Maximum Stored Quantity Dt.
Maximum Daily Withdrawal Quantity ______________ Dt./Day
Storage Point Number ___________
In accordance with the above schedule, Shipper agrees that it shall
provide and nominate for storage injection hereunder, during each
Month of the Summer Period, a minimum of the Monthly Stored Quantity.
Consistent with the attainment of the Maximum Stored Quantity prior
to November 1 of any year, the parties may mutually agree to alter
the Monthly Stored Volumes and Average Daily Stored Volumes from this
Storage Agreement. Such alterations shall not result in adjustment
to the Maximum Stored Quantity. Such alterations, when made, shall
be consistent with the physical and operating capabilities of
Panhandle. In the event that Shipper does not provide and nominate
for storage injection hereunder, during any Month of the Summer
Period, the Monthly Stored Volume set out above, then Panhandle shall
have the right to inject Gas into its aggregated storage on Shipper's
behalf equal to the shortfall and Shipper shall pay Panhandle as set
out in Rate Schedule PS and the General Terms and Conditions.