Puget Sound Energy, Inc.
Original Volume No. 1
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Effective Date: 11/01/1998, Docket: CP98-250-002, Status: Effective
Original Sheet No. 37 Original Sheet No. 37 : Effective
5.7 Specific Duties
Prior to October 1st of each year, the Committee shall perform the
following, consistent with applicable FERC regulations:
5.7.1 Approve the operational plans for the Storage Project, the
dollar limitations of any contracts which the Project Operator may
execute without prior approval of the Committee, and the Storage
Project construction and operating budgets. Such approved
operating budget will be provided to the Project Operator within
forty-five (45) days from the date the Project Operator submits
the proposed annual budget to the Committee, pursuant to
5.7.2 Approve Storage Service Rights for each Owner in the
Storage Project (as set forth in Exhibit E) and the Seasonal
Working Gas Quantities for each Owner for the forthcoming year
(pursuant to the Operating Rules as set forth in Part 1 of Exhibit
5.7.3 Approve the quantity of and schedule for cushion gas, if
any, to be injected into the Storage Reservoir.
5.7.4 Develop, approve and modify, as appropriate, daily
nominating, operating, balancing and measurement procedures.
5.7.5 Monitor, review and adjust, as appropriate, the Btu
Conversion Factor set forth on Exhibit E, which is used to
translate the FERC certificated volumetric (Mcf) levels of service
from the Storage Project into MMBtus.
5.7.6 Review the gas balances and establish temporary reductions
in Project Firm Working Gas Capacity to the extent deemed
necessary to avoid overpressurization of the Storage Reservoir.
The Committee shall adopt, periodically review and revise as it
deems appropriate an insurance program for the protection of the