PetroLogistics Natural Gas Storage LLC
Original Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 06/03/2009, Docket: RP09-577-000, Status: Effective
Original Sheet No. 109 Original Sheet No. 109
cover the value of one Month's worth of applicable transportation charges for the requested MSQ
at the maximum applicable unit rate for Shipper's service at 100% load factor); or (b) within thirty
(30) days of such notice, Shipper has not provided an alternative form of security as specified in
Section 2.3(c) of these General Terms and Conditions, PetroLogistics may, upon notice to Shipper,
suspend service immediately. PetroLogistics may simultaneously serve Shipper a notice of termination
of the Service Agreement, such termination to be effective thirty (30) days from the date of such
notice unless prior to such date PetroLogistics has received the necessary assurance or alternative
form of security as required hereunder. PetroLogistics may also exercise any other remedy available
to PetroLogistics hereunder, at law or in equity.
(2) Any suspension of service pursuant to this Section 2.3(d) shall continue until PetroLogistics
terminates the Service Agreement or until Shipper achieves the minimum acceptable credit standard
or has provided an alternative form of security as required pursuant to these General Terms and
Conditions. Shipper shall not be required to pay reservation charges during such suspension. At
any time during such suspension, Shipper may request PetroLogistics determine that Shipper has
achieved the minimum acceptable credit standard as specified in Section 2.3(b)(1) of these General
Terms and Conditions.
(3) Upon issuing any notice to Shipper of suspension of service or termination of a Service Agreement
pursuant to Section 2.3(d) of these General Terms and Conditions, PetroLogistics shall simultaneously
notify the Commission of such suspension or termination.
(4) Shipper may not recall any capacity if PetroLogistics has given notice of suspension or
termination as provided for in Section 2.3(d) of these General Terms and Conditions unless and until
PetroLogistics determines that Shipper satisfies the creditworthiness criteria set forth in these
General Terms and Conditions.
(5) PetroLogistics may terminate a release of capacity to a Replacement Shipper if the Releasing
Shipper's Service Agreement is terminated, provided that the Replacement Shipper may continue receiving
such service if it agrees to pay, for the remaining term of the Replacement Shipper's contract, the lesser
of (a) the Releasing Shipper's contract rate; (b) the maximum tariff rate applicable to Shipper's capacity;
or (c) some other rate acceptable to PetroLogistics.
2.4 Additional Information.
(a) Shipper shall also promptly provide such additional Shipper credit information as may be reasonably
required by PetroLogistics, at any time during the term of service under a Service Agreement, to determine
(b) After receipt of a request for service, PetroLogistics may require that Shipper furnish additional
information as a prerequisite to PetroLogistics offering to execute a Service Agreement with Shipper.
Such information may include proof of Shipper's lawful right and/or title to cause the gas to be
delivered to PetroLogistics for service under this FERC Gas Tariff and of Shipper's contractual or physical
ability to cause such gas to be delivered to and received from PetroLogistics.
(c) Should Shipper desire PetroLogistics to provide service pursuant to Section 311 of the Natural
Gas Policy Act of 1978, Shipper shall provide to PetroLogistics a statement warranting that Shipper
complies with all requirements for receiving service pursuant to