Sg Resources Mississippi, L.L.C

Original Volume No. 1

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Effective Date: 03/01/2008, Docket: RP08-184-001, Status: Effective

Substitute Original Sheet No. 34 Substitute Original Sheet No. 34 : Pending

 

ISS RATE SCHEDULE

INTERRUPTIBLE STORAGE SERVICE

(Continued)

 

6. AUTHORIZATION, RATES, TERMS AND CHANGES

 

6.1 The Interruptible Storage Service Agreement and the

respective obligations of the parties hereunder are subject to all

valid laws, orders, rules and regulations of duly constituted

authorities having jurisdiction, and are conditioned upon the

issuance, by FERC, and any state or local governmental agency

having jurisdiction, of requisite authorization for SGRM to

provide the storage service contemplated hereby and to construct

and operate the facilities necessary to provide such service and

for any connected pipeline to transport Gas to/from the Point(s)

of Receipt/Delivery necessary to effect the service provided for

herein.

 

6.2 SGRM shall have the right to propose to FERC or any other

governing regulatory body such changes in its rates and terms of

service as it deems necessary, and the Interruptible Storage

Service Agreement executed by the parties shall be deemed to

include any changes which are made effective pursuant to order or

regulation or provisions of law, without prejudice to Customer's

right to protest the same; provided however, that any market-based

rates negotiated between SGRM and its Customer(s) shall remain in

effect during the term(s) of the Interruptible Storage Service

Agreement(s) specifying such rates.

 

7. CURTAILMENT

 

If, due to any cause whatsoever, SGRM's capability to receive

or deliver quantities of Gas is impaired so that SGRM is unable to

receive or deliver the quantities provided for in its Storage

Service Agreements with Customers for Interruptible services, then

capacity, withdrawals and/or injections will be allocated

according to the priority of service as set forth in Section 5 of

the General Terms and Conditions of this FERC Gas Tariff.

 

8. EXPIRATION OF TERM

 

8.1 Upon expiration without renewal or upon termination of

Customer's Interruptible Storage Service Agreement, any of

Customer's Gas remaining in the SGRM storage facility shall be

deemed sold to SGRM at a price equal to the price realized for

such Gas pursuant to an auction held in accordance with Section 32

of the General Terms and Conditions of this FERC Gas Tariff, less

SGRM's actual costs incurred in conducting the auction. However,

if Customer was unable to withdraw its ISS Gas quantities due to

an interruption of Customer's withdrawal service by SGRM during

the last ten Days before termination, Customer shall be allowed to

withdraw its Gas within a reasonable period following the end of

the contract term.