Westgas Interstate, Inc.

First Revised Volume No. 1

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Effective Date: 11/01/1995, Docket: RP95-437-001, Status: Effective

Substitute First Revised Sheet No. 36 Substitute First Revised Sheet No. 36 : Effective

Superseding: Original Sheet No. 36

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

unit of capacity calculated by using a discount rate equal

to Transporter's allowed rate of return. The present value of

the reservation fee per unit will be calculated as follows:

-n

monthly reservation 1 - (1 + i) present value

fee per unit x ----------- = per unit

i

 

Where, i = interest rate per month, or the overall

rate of return divided by 12 months

n = term of the agreement, in months

 

To the extent capacity is over subscribed during the open

season capacity will be allocated pro rata among all firm

shippers that requested firm transportation service during

open season. All requests for firm transportation service

received after the close of the open-season period shall,

providing existing capacity is available, be given a

priority-of service ranking based upon the date when such

request for service is received and considered complete by

Transporter. The request so determined to be complete that

has the earliest date will receive the highest ranking. In

the case of a tie in ranking, requests with a common date

shall be ranked on the basis of the present value of the

reservation charge per unit to Transporter, determined as

described above, with the request yielding the highest

present value receiving the higher ranking.

 

(ii) INTERRUPTIBLE SERVICE. All requests

for interruptible transportation service

received during the open season shall be

given a priority-of-service date equal to the

date of the close of the open season. All

requests for interruptible transportation

service received after the close of the open

season shall be given a priority-of-service

date equal to the date when a complete

request for interruptible transportation

service is received by Transporter.

 

(iii) REVISIONS TO AGREEMENTS AND PRIORITY OF

SERVICE. Revisions to agreements consisting

of changes in points of delivery, or which

increase the contract demand or daily quantity

shall be given new priority-of-service date(s)

according to 2.4(a)(i) and 2.4(a)(ii)