Sabine Pipe Line Company LLC

Original Volume No. 1

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Effective Date: 11/30/2008, Docket: RP09-38-001, Status: Effective

Substitute Second Revised Sheet No. 318 Substitute Second Revised Sheet No. 318

Superseding: Second Revised Sheet No. 318

27.6 Annual Determination of Revised Henry Hub FRP

Accumulate the total actual monthly fuel used at the Henry Hub

compressor stations over the 12-month period beginning February 1 of the

previous calendar year and ending January 31 of the next succeeding

calendar year (except for the Henry Hub FRP to be effective April 1,

2009, accumulate the total actual monthly fuel used at the Henry Hub

compressor stations over the 15-month period beginning November 1, 2007

and ending January 31, 2009). Add to these quantities any and all

under-recoveries and/or over-recoveries of fuel used at the Henry Hub

compressor stations not included in this or any predecessor Section 27.4

for any prior period(s) that begin after November 30, 2008 (for these

purposes, this sum shall be referred to as "Actual Henry Hub Fuel

Usage"). Divide the Actual Henry Hub Fuel Usage by the total

transportation quantities scheduled in or out of the Henry Hub over the

12-month period beginning February 1 of the previous calendar year and

ending January 31 of the next succeeding calendar year (except for the

Henry Hub FRP to be effective April 1, 2009, divide the Actual Henry Hub

Fuel Usage by the total transportation quantities scheduled in or out of

the Henry Hub over the 15-month period beginning November 1, 2007 and

ending January 31, 2009). Round the resulting percentage to the nearest

0.01% ("Estimated Revised Henry Hub FRP").

Accumulate the fuel used at the Henry Hub compressor stations received

from Shippers pursuant to this Section 27.4 during the 12-month period

beginning February 1 of the previous calendar year and ending January 31

of the next succeeding calendar year (except for the Henry Hub FRP to be

effective April 1, 2009, accumulate the fuel used at the Henry Hub

compressor stations received from Shippers during the 15-month period

beginning November 1, 2007 and ending on January 31, 2009). Subtract

these quantities from the Actual Henry Hub Fuel Usage to determine the

True-up Quantity. Divide the True-up Quantity by the projected total

transportation quantities to be scheduled in or out of the Henry Hub for

the period beginning April 1 of the current year and ending on March 31

of the next succeeding calendar year. Round the resulting percentage to

the nearest 0.01% ("Henry Hub FRP True-up Adjustment").

Add the Henry Hub True-up Adjustment to the Estimated Revised Henry Hub

FRP to determine the Henry Hub FRP to be effective April 1 of the

current calendar year.