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. 110 Original Sheet No. 110

 

Section 311 and FERC's regulations thereunder, including, but not limited to, compliance with the

"on-behalf-of" requirement then in effect.

(d) Shipper is required to provide to PetroLogistics (1) the State of the source of gas that is to

be stored and/or transported and (2) such other information if required in order for PetroLogistics to

comply with any FERC reporting or other requirements.

2.5 Execution of Service Agreements and Amendments.

(a) A Service Agreement and/or amendment to an existing Service Agreement shall be executed, as

specified in this Section 2.5 by Potential Shipper/Shipper and PetroLogistics following the completion

of the open season process pursuant to Section 2.6 of the General Terms and Conditions and/or the

completion of the approval process.

(b) All Service Agreements and all Service Agreement amendments shall be executed in writing by

Shipper and PetroLogistics. Each Potential Shipper/Shipper shall execute a Service Agreement within

sixty (60) consecutive Days of the tender of said Service Agreement. In addition, PetroLogistics may

require a Potential Shipper to execute a precedent agreement prior to execution of a Service

Agreement, all of which may be more fully set forth in the open season documentation, if applicable.

(c) The applicable Form of Service Agreement, the Exhibit(s) executed by Shipper and PetroLogistics,

the applicable Rate Schedule, and the General Terms and Conditions of this FERC Gas Tariff will

comprise the entire Service Agreement between Potential Shipper/Shipper and PetroLogistics.

(d) If PetroLogistics has tendered a Service Agreement for execution and Potential Shipper/Shipper

fails to execute the Service Agreement as tendered within sixty (60) consecutive Days of the date Shipper

receives the Service Agreement, the Service Agreement and the corresponding request for service shall

be considered null and void. For Firm storage service, PetroLogistics will not be required to tender

a Service Agreement to a Potential Shipper for execution that relates to requests for Service for

which PetroLogistics does not have sufficient available firm storage capacity, injection, and/or

withdrawal capacity.

2.6 Open Season.

(a) Notice of open season. PetroLogistics shall post notice of an open season for firm storage

capacity at its sole discretion. Such notice shall be posted on its Internet Web Site and shall set

forth when the open season begins and ends, where interested parties may submit requests for Firm

services, the minimum rates, if any, PetroLogistics will accept for the available capacity, and how

interested parties may submit requests for service and additional details about the open season.

(b) Duration. The open season shall commence at the time and date specified and for the term

indicated in the notice of open season. During this time, PetroLogistics will accept requests for

the Firm service to be available in its facilities.

(c) During an open season, PetroLogistics will accept bids for firm storage from Potential Shippers.

Specifically, PetroLogistics shall evaluate bids and award capacity, based on one