Williston Basin Interstate Pipeline Co.
Second Revised Volume No. 1
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Effective Date: 05/01/2001, Docket: RP01-314-001, Status: Effective
Substitute Original Sheet No. 161 Substitute Original Sheet No. 161 : Superseded
RATE SCHEDULE PAL-1
PARK AND LOAN SERVICE (continued)
2. APPLICABILITY AND CHARACTER OF SERVICE
Parking service shall refer to the short-term holding by Transporter of
natural gas provided by Shipper; lending service shall refer to the
short-term loaning by Transporter of natural gas to Shipper.
The duration of the service under this Rate Schedule shall be not less
than (1) day and shall not continue beyond the end of a calendar month
in which the service was initiated (hereinafter referred to as the
"holding period").
2.1 Service hereunder is interruptible, and subject to interruption
at any time. Service under this Rate Schedule will be performed when
Transporter has capacity available to provide such service without
detriment or disadvantage to Transporter's firm and/or interruptible
services pursuant to Section 9 of the General Terms and Conditions
contained in Transporter's Tariff.
2.2 Service hereunder shall consist of:
2.2.1 Parking Service - The receipt by Transporter of a
quantity of natural gas for parking for Shipper's account at a
designated PAL point(s), the holding of such parked quantity by
Transporter for the account of Shipper at the designated PAL
point(s), and the subsequent delivery of such parked quantity to
Shipper at the same PAL point(s).
2.2.2 Loan Service - The delivery by Transporter of a quantity
of natural gas loaned for Shipper's account at a designated PAL
point(s), and the Shipper's return of the loaned quantity to
Transporter at the same PAL point(s) where Shipper received such
loaned quantity.
2.3 Clearing Parked/Loaned Quantities:
2.3.1 Transporter shall not deliver and/or receive at any PAL
point(s) a quantity of gas in excess of the parked/loaned
quantity of gas held for Shipper's account at such PAL point(s).
2.3.2 Shipper shall be required to reduce to zero each parked
and/or loaned quantity of gas at each PAL point(s) within the
holding period applicable to such quantity of gas. Such holding
period may be extended upon mutual agreement by both Shipper and
Transporter.