Questar Pipeline Company
First Revised Volume No. 1
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Effective Date: 01/01/2008, Docket: RP07-606-001, Status: Effective
First Revised Sheet No. 172A First Revised Sheet No. 172A : Pending
Superseding: Original Sheet No. 172A
GENERNAL TERMS AND CONDITIONS
Questar's or Shipper's Annual Reimbursement Adjustment responsibility =
ARA * (AA/AB)
ARA = Annual Reimbursement Adjustment from § 16.4(c).
AA = The "A" amounts from § 16.3(a) for the 12 months ended April 30th
of each year.
AB = The "B" amounts from § 16.3(a) for the 12 months ended April 30th
of each year.
* = Multiplication operator
(ii) Posting. On the 9th business day of each July Questar
will post in the Customer Activities-Invoicing section of its internet web
site each Clay Basin shipper's ARA.
(iii) Transfer. When the ARA is positive, Questar shall
transfer the posted ARA into each Clay Basin shipper's storage account prior
to the last business day of the current July. When the ARA is negative, each
Clay Basin shipper shall transfer its posted ARA into Questar's Clay Basin
storage account prior to the last business day of the current July. If a
shipper's service terminates prior to the last business day of July, the
following rules will apply. If shipper is projected to owe an amount to
Questar at the time of contract termination, Questar will so advise shipper
and shipper will make a payment to Questar following the final determination.
Questar may retain, in kind, the amount projected to be owed by such shipper
or require security for amounts needed to compensate Questar for projected
amounts owed by such shipper. If at the time of such shipper's contract
termination, Questar is projected to owe an amount to shipper, Questar will so
advise shipper and make a payment to shipper following the final
determination. Questar Pipeline and Shipper may negotiate a settlement
payment by one party to the other in lieu of a transfer in kind.
16.4. Liquids Revenue and Conditioning.
(a) For each 12-month period ending April 30th (4 months ending
April 30th 2008) Questar will retain all revenue generated by the sale of Clay
Basin liquids products, net of marketing, handling, fractionation and other
costs incurred in the sale of liquids, up to the following amounts for the 12
months ending April 30 of the listed years: