Young Gas Storage Company, Ltd.

Original Volume No. 1

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Effective Date: 08/01/1999, Docket: RP99-359-000, Status: Effective

Second Revised Sheet No. 119F Second Revised Sheet No. 119F : Superseded

Superseding: Substitute First Revised Sheet No. 119F

 

FORM OF STORAGE SERVICE AGREEMENT

APPLICABLE TO RATE SCHEDULE IS-1

(Continued)

 

Party, respectively. With respect to the

implementation of this process via the 1.4.x

standards, Confirming Parties should send the

applicable document(s) to the applicable

Party(ies) no later than the next time they are

slated to communicate Confirmations or Scheduled

Quantities (as applicable).(GISB Standard 1.3.44)

 

2. When Young complies with the final regulations

established by the Commission regarding the

communication of business transactions via the

Internet (per Order No. 587-G), direct notice of

Bumping using the Internet E-mail or direct

notification to a Shipper's Internet URL address

will be made. Until that time, Young shall

provide notice of Bumping in the same manner as

notification of Operation Flow Orders.

 

(v) Young shall notify interruptible Customers of any

applicable penalties which will apply on the Day such

Shippers' quantities are reduced (Bumped).

 

(vi) Scheduling of Intraday Nominations shall be based on

the elapsed pro rata scheduled quantities.

Elapsed-prorated-scheduled quantity means that

portion of the scheduled quantity that would have

theoretically flowed up to the effective time of the

Intraday Nomination being confirmed, based upon a

cumulative uniform hourly quantity for each

Nomination period affected. (GISB Standard 1.2.12)

 

(vii) Intraday Nominations may be submitted to increase or

decrease total Gas flow to Nominate new supplies or

markets and may be used to change Point(s) of

Injection and Withdrawal (GISB Standard 1.3.11, and

GISB Standard 1.3.33). However, requests for decrease

in flow shall only be accepted to the extent they do

not represent a decrease below previous Confirmed

quantities which would have flowed on the requested

Gas Day prior to the Nominated decrease, assuming

even hourly flow rates.