Young Gas Storage Company, Ltd.

Original Volume No. 1

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Effective Date: 08/01/2010, Docket: RP10-921-000, Status: Effective

Ninth Revised Sheet No. 11 Ninth Revised Sheet No. 11

Superseding: Eighth Revised Sheet No. 11

 

RATE SCHEDULE FS-1

STORAGE SERVICE - FIRM

(Continued)

2.2 (Continued)

 

(c) Shipper's MDIQ shall be reduced pursuant to the ADIQ chart

provided in Section 1 of the General Terms and Conditions.

 

(d) Shipper shall have no more than 26 percent of MAC in storage

between and including June 1 and July 1 of each year, unless

Transporter determines, on a non-discriminatory basis, that

retention of a higher quantity of Gas will not adversely affect

Transporter's storage reservoirs. In such instance, Transporter

shall specify the higher level Shipper may maintain.

 

(e) The above requirements notwithstanding, 100 percent of all

quantities stored hereunder shall be withdrawn upon expiration

of the term of the Agreement.

 

2.3 If, on any Day during the Withdrawal Period, Shipper requests

Transporter to withdraw and Deliver to Shipper a quantity of Gas

within Shipper's Available Daily Withdrawal Quantity (ADWQ) and

Transporter fails to do so, then Shipper's obligation to withdraw

its Gas shall be extended by the number of Days that Transporter

failed to withdraw and Deliver the quantity requested by Shipper.

Any quantities required to be withdrawn which have not been

withdrawn as provided hereunder shall become the property of

Transporter without charge and shall be free and clear of any

adverse claims.

 

2.4 This service shall be subject to Section 9 of the General Terms and

Conditions pertaining to capacity release.

 

3. STORAGE SERVICE CHARGES

 

3.1 Applicable Rates. The applicable minimum and maximum rates for

service under Rate Schedule FS-1, or any superseding rate schedule,

are set forth on the Statement of Rates. Shipper's liability for

the storage capacity charge and the reservation charge shall begin

to accrue on the effective date set forth in the Agreement. A

Shipper may elect at any time to prepay storage capacity and

reservation charges under the Agreement.

 

3.2 Storage Capacity Charge. Each Month, Shipper shall be charged an

amount obtained by multiplying the Storage Capacity Rate as set

forth in Exhibit A of the Agreement by the Shipper's MAC.

 

3.3 Reservation Charge. Each Month, Shipper shall be charged an amount

obtained by multiplying the Reservation Rate as set forth in Exhibit

A of the Agreement by Shipper's MDWQ.