Natural Gas Pipeline Company Of America

Seventh Revised Volume No. 1

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Effective Date: 04/18/2008, Docket: RP08-319-000, Status: Effective

Original Sheet No. 230 Original Sheet No. 230 : Pending

 

 

RATE SCHEDULE LPS

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highest rate, Shipper shall execute or provide such documentation

within fifteen (15) days after a written request by Natural. If, at

any time and from time to time, the FERC or any other governmental

authority having jurisdiction in the premises requires Natural to

charge a lower rate for service hereunder, the rate shall be

decreased to such reduced rate.

 

6.5 Natural may from time to time and at any time, upon

twenty-four (24) hours' verbal or written notice, subject to any

provisions on discounting in the LPS Agreement or LPS RO or related

discount agreement, charge any individual Shipper for service under

this Rate Schedule LPS a rate which is lower than the applicable

maximum rate set forth in this Tariff; provided, however, that such

rate charged may not be less than the applicable minimum rate for

service under Rate Schedule LPS set forth in this Tariff. Unless

otherwise agreed in the LPS Agreement or LPS RO or related discount

agreement, Natural may at any time further change such rate (subject

to any restrictions as to maximum or minimum rates set out in this

Tariff, the LPS Agreement, the LPS RO, and/or related discount

agreement) upon twenty-four (24) hours' verbal notice to Shipper,

which notice shall be confirmed in writing. Such notification shall

specifically state the effective date of such rate change and the

quantity of gas so affected. Natural shall file with FERC any and all

reports as required by FERC's Regulations with respect to the

institution or discontinuance of any discount.

 

6.6 All revenues and gas in kind collected by Natural as a

result of providing service under this Rate Schedule LPS shall be

retained by Natural unless Natural has otherwise explicitly agreed on

a different disposition of such amounts. Where crediting or refund

mechanisms apply under other provision(s) of this Tariff or pursuant

to effective FERC orders or settlement, such mechanisms shall

supersede this Section to the extent necessary to carry out such

provision(s).

 

7. QUANTITY

 

Each LPS RO shall specify in Dth the MAQ RO and a daily

schedule of the quantities (including the MDQ RO) to be parked and/or

loaned under the specific transaction. The daily schedule of

returned volumes by the Shipper or Natural shall also be specified in

the LPS RO. The quantities may be specified as a range of volumes