PetroLogistics Natural Gas Storage LLC

Original Volume No. 1

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Effective Date: 06/03/2009, Docket: RP09-577-000, Status: Effective

Original Sheet No. 104 Original Sheet No. 104

 

1.42 "Point(s) of Delivery" shall mean the point(s) located on PetroLogistics' system in Iberville

Parish, Louisiana, where PetroLogistics shall tender gas to Shipper.

1.43 "Point(s) of Receipt" shall mean the point(s) located on PetroLogistics' system in Iberville

Parish, Louisiana where PetroLogistics shall receive gas from Shipper.

1.44 "Pooling" shall mean (i) the aggregation of gas from multiple physical and/or logical

points to a single physical or logical point, and/or (ii) the disaggregation of gas from a single

physical or logical point to multiple physical and/or logical points.

1.45 "Potential Replacement Shipper" shall mean any individual or entity that desires to assume any

released rights to capacity of Releasing Shipper.

1.46 "Potential Shipper" shall mean any individual or entity that desires to execute a Service

Agreement with PetroLogistics.

1.47 "Psig" shall mean pounds per square inch gauge.

1.48 "Qualifying Shipper" shall have the meaning ascribed in Section 27.

1.49 "Releasing Shipper" shall mean a Shipper that has agreed to release some or all of its rights

under its FSS Service Agreement.

1.50 "Replacement Shipper" shall mean a Shipper who has assumed any released rights to capacity of

a Releasing Shipper.

1.51 "Reservation Charge" shall have the meaning set forth in Shipper's executed Service Agreement.

1.52 "Service(s)" shall mean the injection, storage and withdrawal of gas, and any ancillary

activities to be performed by PetroLogistics for Shipper pursuant to a Service Agreement.

1.53 "Service Agreement" shall mean an FSS Service Agreement, or any of the agreements for

Interruptible service (including all Exhibits), as such agreements are amended and supplemented from

time to time.

1.54 "Shipper" shall mean any individual or entity executing a valid Service Agreement with the

PetroLogistics for Service(s) hereunder.

1.55 "Storage Inventory" shall mean the quantity of gas in Dth that a Shipper has in place at

PetroLogistics' storage facilities for Shipper's account, provided that the Storage Inventory shall

never exceed Shipper's Maximum Storage Quantity.

1.56 "Title Transfer" shall mean the change of title to gas between parties at a location.

1.57 "Title Transfer Tracking" shall mean the process of accounting for the progression of title

changes from party to party that does not affect a physical transfer of gas.

1.58 "Transporter" shall mean an interconnecting pipeline designated to transport Shipper's gas

to the Point(s) of Receipt or receive gas from the Point(s) of Delivery.

1.59 "Web Site" shall mean PetroLogistics' HTML site accessible via the Internet's World Wide Web

and located at www.petrologistics.com.