Petal Gas Storage, L. L. C.

Original Volume No. 1

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Effective Date: 05/01/2002, Docket: RP02-188-000, Status: Effective

Original Sheet No. 79 Original Sheet No. 79 : Effective

 

 

 

FTS RATE SCHEDULE (Continued)

 

 

of scheduling, curtailment and interruption, and calculating the

economic value of a request for unsubscribed firm capacity. Replacement

Customers may not bid or pay a rate greater than the Maximum Rate and

are not eligible for Negotiated Rates for the FTS Agreement.

 

6. MONTHLY BILL

 

The monthly bill for firm transportation service shall reflect the applicable

charges set forth under Section 5 of this rate schedule.

 

7. TERM

 

The term for service under this rate schedule shall be as set forth in the

executed FTS Agreement.

 

8. AUTHORIZATION, RATES, TERMS AND CHANGES

 

(a) The FTS Agreement and the respective obligations of the parties

hereunder, are subject to all valid laws, orders, rules and regulations

of duly constituted authorities having jurisdiction, and are conditioned

upon the issuance, by the FERC, and any state or local governmental

agency having jurisdiction, of requisite authorization for Petal to

provide the transportation service contemplated hereby and to construct

and operate the facilities necessary to provide such transportation

service.

 

(b) Petal shall have the right to propose to the FERC or other governing

regulatory body such changes in its rates and terms of service as it

deems necessary, and this rate schedule shall be deemed to include any

changes which are made effective pursuant to order or regulation or

provisions of law, without prejudice to Customer's right to protest the

same; provided however, that any negotiated rates between Petal and

Customer(s) shall remain in effect during the term of the FTS

Agreement(s).

 

9. CURTAILMENT

 

If, due to any cause whatsoever, Petal's capability to receive, transport, or

deliver volumes is impaired so that Petal is unable to receive, transport, or

deliver the volumes provided for in its FTS Agreements with Customers, then

receipts, transportation capacity, and/or deliveries will be allocated

according to the priority of service as set forth in Section 4.1 of the

General Terms and Conditions of this FERC Gas Tariff.