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.