Kinder Morgan Interstate Gas Transmission LLC
Second Revised Volume No. 1-D
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Effective Date: 12/28/1999, Docket: GT00- 19-000, Status: Effective
Original Sheet No. 71 Original Sheet No. 71 : Effective
GENERAL TERMS AND CONDITIONS FOR SERVICES - continued
32. OWNERSHIP OF LIQUIDS/PROCESSING RIGHTS
Shippers have the right to process their own gas, or have their gas
processed by a third party, unless otherwise provided by contract.
Transporter recognizes Shipper's ownership rights to products removed
from the gas. If gas is processed by Transporter, absent any other
agreement, the Shipper will receive credit for extracted products based
on allocated volumes and compositions at applicable receipt points to
Transporter's transmission system, as follows: 98% of residue gas, 50%
of net hydrocarbon liquids proceeds, and 20% of net helium proceeds.
Transporter will individually negotiate on a non-discriminatory basis
other processing arrangements with Shippers. If Transporter has
Shipper's gas processed through a third party plant, and Shipper does
not have a processing agreement with the third party plant, Transporter
will pass through to Shipper all residue gas and net liquids proceeds
received from the third party processor.
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