Viking Gas Transmission Company

First Revised Volume No. 1

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Effective Date: 10/01/2006, Docket: RP06-584-000, Status: Effective

Third Revised Sheet No. 38F Third Revised Sheet No. 38F : Effective

Superseding: Second Revised Sheet No. 38F

 

RATE SCHEDULE PAL

PARK AND LOAN SERVICES

 

 

5. NOTIFICATION, ALLOCATIONS AND CURTAILMENT (Continued)

 

5.5 In the event any of the events listed below occur, loaned quantities shall be sold

to Buyer at twice the highest weekly index price for gas at Emerson, Manitoba as

set forth in Gas Daily's "Weekly Price Survey" for the month in which the PAL

activity occurred; provided, however, that if none of Gas Daily's "Weekly Price

Survey" for a given month include a price for gas delivered to Company at Emerson,

Manitoba, the index price shall be the highest of: (1) the highest weekly index

price for gas at Emerson, Manitoba, published in Gas Daily's "Weekly Price Survey"

in the preceding month, or (2) the highest weekly index price for gas at Emerson,

Manitoba, published in Gas Daily's "Weekly Price Survey" in the following month;

provided, however, that if a weekly index price for gas at Emerson, Manitoba, is

no longer published in Gas Daily's "Weekly Price Survey," Company shall identify

on its Internet Web Site an alternative spot price index to be used:

 

(i) Company's prevailing operations require Company to notify Buyer that

receipt of Buyer's loaned quantities must be suspended or be reduced, and

Buyer continues to receive loaned quantities; and/or

 

(ii) Company's prevailing operations require Company to notify Buyer that all

or part of Buyer's loaned quantities must be returned to Company, and

Buyer fails to comply within the specified time frame; and/or

 

(iii) Subject to Section 2 herein, the PAL account reflects a balance at the

termination date of the executed PAL Agreement.

 

If Company notifies Buyer that receipt of Buyer's loaned quantities must be

suspended or be reduced, only those quantities loaned in violation of the

notification shall be sold to Buyer at twice the highest weekly index price as set

forth in this Subsection.

 

6. RATES AND CHARGES

 

6.1 Applicable Rates

 

The rates for service under this Rate Schedule are the applicable maximum and

minimum daily unit rates shown on the effective Statement of Rates of Company's

FERC Gas Tariff; provided, however, that Company has the right at any time and

from time to time to adjust the rates applicable to service under this Rate

Schedule upon agreement with Buyer to any level not less than the Minimum or more

than the Maximum Rates. In the event that Company makes such an adjustment, such

adjusted rate shall apply solely to service at the receipt and/or delivery points

agreed upon by Buyer and Company and shall be applicable solely for the period

agreed upon by Buyer and Company.

 

Buyer shall pay the Maximum Rate for service under this Rate Schedule unless

Company and Buyer mutually agree to a different rate. By mutual agreement between

Company and Buyer, discounts may be limited consistent with the provisions of

Article 3 of the pro forma agreement applicable to this Rate Schedule PAL.