Transcontinental Gas Pipe Line Company, LLC

Fourth Revised Volume No. 1

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Effective Date: 02/22/2009, Docket: RP09-245-000, Status: Effective

First Revised Sheet No. 114 First Revised Sheet No. 114

Superseding: Original Sheet No. 114

 

RATE SCHEDULE LNG

Liquefied Natural Gas Storage Service

(Continued)

 

 

3. RATES AND FUEL

 

3.1 The maximum and minimum rates for service under this rate schedule are shown on the

currently effective Sheet No. 21 of Volume No. 1 of this Tariff. Buyer shall pay such

maximum rates for service under this rate schedule unless Seller, in its sole

judgment, agrees to discount its rate to Buyer; provided however, Buyer and Seller may

mutually agree to a negotiated rate, which rate shall be less than, equal to, or

greater than Seller's maximum rate, shall not be less than the minimum rate, and may

be based upon a rate design other than Straight Fixed Variable (SFV). Such negotiated

rate shall be set forth in the executed service agreement.

 

3.2 For purposes of capacity release, the Demand and Capacity Quantity charges payable by

Buyer shall be at a rate set forth in the applicable capacity release award posted on

1Line consistent with the provisions of Section 42 of the General Terms and

Conditions. The maximum and minimum rates for service are shown on the effective

Sheet No. 21 of Volume No. 1 of this Tariff, however, for releases that become

effective on or after July 30, 2008, the maximum rate ceiling does not apply to such

releases provided the release is for a term of one year or less and the release is to

take effect on or before one year from the date on which the pipeline is notified of

the release. The rate paid in any capacity release transaction not subject to the

maximum rate ceiling will not be subject to refund.

 

3.3 For natural gas storage service rendered by Seller under this rate schedule, Buyer

shall pay Seller for each day of each month the sum of the following amounts:

 

(a) Demand Charge: A charge per day per dt of Liquefaction Demand. If Buyer

acquires storage capacity through a volumetric storage release, the demand charge

shall be the rate set forth in the applicable capacity release award posted on

1Line multiplied by the allocated withdrawal quantity (up to the contract maximum

daily withdrawal quantity for each day); provided, however, Buyer's monthly bill

may be subject to adjustment to account for any minimum volumetric commitment

specified in such capacity release award.

 

(b) Capacity Charge: A charge per day per dt of Liquefaction Capacity Quantity. If

Buyer acquires storage capacity through a volumetric storage release, the

Capacity Charge shall be the rate set forth in the applicable capacity release

award posted on 1Line multiplied by the end of day storage balance.

 

(c) Quantity Injected Charge: A charge per dt for gas delivered into storage for

Buyer's account.

 

(d) Quantity Withdrawn Charge: A charge per dt for gas withdrawn from storage for

Buyer's account.

 

3.4 Seller shall retain from Buyer's nominated storage injections (returns) a percentage

or percentages as compensation for fuel and gas otherwise used, or lost and

unaccounted for, in Seller's operations. Such percentage(s) is specified in the

currently effective Sheet No. 28 of Volume No. 1 of this Tariff.