Young Gas Storage Company, Ltd.
Original Volume No. 1
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Effective Date: 08/01/2010, Docket: RP10-921-000, Status: Effective
Second Revised Sheet No. 103 Second Revised Sheet No. 103
Superseding: First Revised Sheet No. 103
GENERAL TERMS AND CONDITIONS
27. OPERATIONAL PURCHASES AND SALES
27.1 Transporter may buy and/or sell gas to the extent necessary: (1) to
manage system storage; (ii) to balance fuel quantities; (iii) to
implement the gas retention requirements of Rate Schedules FS-1 and
IS-1; and (iv) to perform other operational functions of
Transporter in connection with storage and other similar services.
27.2 Transporter will post its operational sales quantities for bidding
on its electronic bulletin board in accordance with the applicable
bidding provisions contained in Section 9 of the General Terms and
Conditions of this Tariff.
27.3 Transporter will file a report on or before September 30 of each
year reflecting the operational purchases/sales for the 12-month
period ending the preceding June 30. The report will indicate the
source of the operational gas purchased/sold, the date of such
purchases/sales, volumes, the purchase/sale price, the costs and
revenues from such purchases/sales and the disposition of the
associated costs and revenues for operational purchases and sales.