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
Third Revised Sheet No. 102 Third Revised Sheet No. 102 : Effective
Superseding: Second Revised Sheet No. 102
GENERAL TERMS AND CONDITIONS (Continued)
2.7 Contract Year shall mean the twelve (12) month period beginning on the
date service under a storage or transportation service agreement
commences and each subsequent twelve month period thereafter during the
term of the agreement.
2.8 A cubic foot of gas equals the volume of gas that occupies one cubic
foot at a temperature of 60 degrees Fahrenheit and a pressure of 14.73
dry psia. Mcf means one thousand (1,000) cubic feet and Mmcf means one
million (1,000,000) cubic feet.
2.9 Customer means the party that holds all lawful right and title to the
natural gas that is being stored or transported and who executes the
storage or transportation service agreement, or the purchaser of natural
gas from Petal who executes the sales service agreement.
2.10 Customer's stored gas or gas stored means the quantity of gas stored by
Petal for Customer's account.
2.11 Day means a period beginning at 9:00 a.m. Central Clock Time, and
ending on the following 9:00 a.m. Central Clock Time.
2.12 Dekatherm (Dth) means one million Btus and shall be the standard unit
for purposes of nominations, scheduling, confirmations, allocations,
invoicing and balancing.
2.13 Delivery Point(s) means any point on Petal's System where quantities
of gas may be delivered by Petal for the account of Customer.