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. 141 Original Sheet No. 141
interruptible capacity in its Facility. The Web Site will note whether the capacity is available from
PetroLogistics directly or through PetroLogistics' capacity release mechanism as set forth in Section 8 of
the General Terms and Conditions. The Web Site shall provide information about imbalances on a daily basis.
The Web Site also include information allowed or required to be posted thereon by other provisions of the
tariff including Section 8, information which PetroLogistics is required to post pursuant to Section 284.13
of the Commission's Regulations, or other information PetroLogistics chooses to post in furtherance of the
operation of its system.
26.6 Critical system-wide notices will be in a separate category from notices that are not
critical. PetroLogistics will use e-mail in order to facilitate certain notifications to Shippers as
required by this FERC Gas Tariff; Shipper shall provide PetroLogistics with at least one e-mail address to
which these notifications can be sent and shall be responsible for updating such information as necessary.
26.7 PetroLogistics shall not be liable to the Web Site user nor any other party for damages for any
act, omission or circumstance related to the Web Site occasioned by or in consequence of any acts of God,
strikes, lockouts, act of the public enemy, wars, blockades, insurrections, fires, storms, floods, washouts,
power outages, arrests and restraints of rulers and people, civil disturbances, explosions, breakage or
accident to machinery or computers, failure of malfunction of electronic communication or transmission,
the binding order of any court or governmental authority which has been resisted in good faith by all
reasonable legal means, and any other cause, whether of the kind herein enumerated, or otherwise, not
within the control of PetroLogistics and which by exercise of due diligence PetroLogistics is unable to
prevent or overcome. To the extent the information displayed on the Web Site is originated solely by
PetroLogistics and such information is subsequently determined inaccurate, the Web Site user shall not be
subject to any penalties otherwise collectable by PetroLogistics based on Shipper conduct attributable to
such inaccuracy during the period the inaccurate information was displayed on the Web Site.
26.9 PetroLogistics warrants that, without the express consent of the Web Site user or
as provided for in Section 8 of the General Terms and Conditions, no PetroLogistics employee or agent
will disclose to any third party any information regarding research performed through the Web Site by
the Web Site user.
27. DISPOSITION OF RETAINED QUANTITIES
27.1 In the event that PetroLogistics holds an auction for gas quantities retained pursuant to
Section 8 of Rate Schedule FSS, Section 8 of Rate Schedule ISS, Section 8 of Rate Schedule IPS or Section
8 of Rate Schedule IBS, PetroLogistics shall post such quantities on the Web Site on the fifth (5th)
Business Day following the fifteenth (15th) of the Month. PetroLogistics shall accept bids only during
the time period from 7:00 A.M. until 11:00 A.M. CT on the seventh (7th) Business Day following date of
the posting. PetroLogistics shall sell the quantities to Shipper submitting the highest bid, and shall
notify such Shipper prior to 4:00 P.M. CT of the same day on which PetroLogistics accepts the bids;
provided, however, PetroLogistics reserves the right to reject all bids. When the gas is purchased at
auction, Shipper must provide identification of the existing storage Service Agreement with
PetroLogistics under which Shipper shall store the gas in PetroLogistics' Facilities.
27.2 PetroLogistics shall credit the net proceeds received from such an auction to all Shippers
that did not have gas sold during the subject auction ("Qualifying Shipper") based on the ratio of the
total charges paid by each Qualifying Shipper for service to the total amount of such charges paid by all
Qualifying Shippers during the Month in which the auction of the gas occurred. For the purposes of this
Section, the term "net proceeds" shall mean the total proceeds received from the auction less the
accumulated charges pursuant to the applicable Rate Schedule for the agreement held by Shipper winning
the bid.
Such credits shall be calculated for each Month of the twelve (12) Month period ending July 31
of each year and will be included on the Qualifying Shippers' invoice for the Month following the date
of the final Commission order approving PetroLogistics' penalty disbursement report; provided, however,
that PetroLogistics will calculate and include such credits on Qualifying Shippers' invoices for a period
shorter than twelve months in the event and to the extent that the total accumulated amount of penalty
revenue collected pursuant to this Section 27 by PetroLogistics as of the end of any Month exceeds
$1,000,000. PetroLogistics will file a penalty disbursement report within sixty (60) Days of July 31 or
sixty (60) Days after the end of the Month in which the revenue collected exceeds $1,000,000. Any
penalty revenue