Sabine Pipe Line Company LLC

Second Revised Volume No. 1

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Effective Date: 07/31/1993, Docket: RS92- 78-003, Status: Effective

Original Sheet No. 21 Original Sheet No. 21 : Superseded




The Maximum Reservation Rate used in the determination

of a Reservation Charge under qualifying Firm Service

Agreements will be adjusted at low load factors over a

three-year period to mitigate the rate design cost

shift resulting from changing from the Modified Fixed

Variable rate design to the Straight Fixed Variable

rate design. Qualifying Firm Service Agreements are

those agreements for firm transportation service under

Sabine's FT-1 Rate Schedule in effect on or prior to

May 18, 1992, and which remained in effect after July

30, 1993. Each month, the Maximum Reservation Rate

used to determine the Reservation Charge for each

qualifying Firm Service Agreement will be computed

based upon the actual load factor, in accordance with

the mitigation formulas for the effective time periods

set forth herein.



Mitigation Formulas for Reservation Rate


Effective Period: July 31, 1993 through July 30, 1994


Load Factor Range: 0.0% ó LF ó 60.5%


Reservation Rate: $ 2.1517 + ($ 0.8267)(Load Factor)


Effective Period: July 31, 1994 through July 30, 1995


Load Factor Range: 0.0% ó LF ó 32.8%


Reservation Rate: $ 2.3473 + ($ 0.9295)(Load Factor)


Effective Period: July 31, 1995 through July 30, 1996


Load Factor Range: 0.0% ó LF ó 10.5%


Reservation Rate: $ 2.5429 + ($ 1.0323)(Load Factor)