Viking Gas Transmission Company

First Revised Volume No. 1

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Effective Date: 11/01/2003, Docket: RP03-630-000, Status: Effective

Second Revised Sheet No. 38B Second Revised Sheet No. 38B : Effective

Superseding: First Revised Sheet No. 38B

 

RATE SCHEDULE PAL

PARK AND LOAN SERVICES

 

 

2. APPLICABILITY AND CHARACTER OF SERVICE (Continued)

 

2.2 Park and Loan (PAL) Service Options

 

2.2.1 Buyer Nominated Parking/Lending (NPL)

 

Buyer Nominated Parking/Lending (NPL) is a service option that allows a

Buyer to nominate and link supplemental PAL service to nominated

transportation service on Company's system in each of the supported

nomination and scheduling cycles.

 

2.2.2 Buyer Requested Term Parking/Lending (RPL)

 

Buyer Requested Term Parking/Lending (RPL) is a service option that

allows a Buyer to request parking and/or lending service from Company for

a mutually agreed to term.

 

Requests for RPL service shall be considered if Buyer has completed and

submitted a proposed Amendment to Exhibit A of an effective PAL Agreement

reflecting the selection of RPL service for a specific time period.

 

If Company accepts Buyer's request for RPL service, Company shall execute

Buyer's Exhibit A amendment to its PAL Agreement.

 

2.2.3 Company Offered Parking/Lending (OPL)

 

Company Offered Parking/Lending (OPL) is a service option that allows

Company to offer parking and/or lending service to potential Buyers for a

mutually agreed to term.

 

Company shall post all OPL offers, detailing the specific terms and

conditions of each OPL offer, as well as provide electronic notification

of such offers.

 

Bids for OPL service shall be considered only if Buyer has completed and

submitted to Company an amendment to Exhibit A of its PAL Agreement

reflecting the selection of OPL service.

 

For the purposes of determining the Best Bid(s) for a posted Company

Offered Parking/Lending Service, Company will award service on basis of

highest rate bid. In the event there is more than one Best Bid, Company

will allocate service on a pro-rata basis.

 

Company shall execute Exhibit A to a PAL Agreement(s) for the winning

bid(s).

 

In the event that the receipt and delivery points differ under a specific

OPL transaction, then a separately stated amount for transportation shall

be included in the bid. Such transportation amount shall not be priced

at less than the Minimum Commodity Rate pursuant to Rate Schedule IT-1.