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. 231 Original Sheet No. 231 : Pending

 

 

RATE SCHEDULE LPS

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(maximum and minimum aggregate and daily quantities and the related

time periods) to be parked and/or loaned and returned, and the

schedule may include the flexibility to do either a park or a loan

within specified volume and time limits. The schedule may provide

for flexibility in total volumes and in the daily volumes parked

and/or loaned, in the timing of the park or the loan (or any portion

thereof), in the duration of the park and/or loan (or any potion

thereof) and/or in the timing of the completion of the park or loan

(or any portion thereof) by the return of gas to the Shipper or to

Natural, and shall specify the limits of the flexibility allowed.

Subject to the flexibility specified in the LPS RO, the MDQ RO shall be

the maximum quantity Natural is obligated, on an interruptible basis, to

receive from or deliver to Shipper under the RO on the specified day.

The MAQ RO shall be the maximum aggregate quantity Natural is obligated

to hold or loan for the account of Shipper under the RO. The minimum

aggregate and daily volumes to be parked and/or loaned and returned on

an interruptible basis shall also be specified in the LPS RO schedule.

The sum total of a Shipper's MAQ ROs and MDQ ROs shall not exceed the

MAQ and MDQ specified in the LPS Agreement. If a Shipper exceeds the

MDQ or MAQ in the LPS Agreement or fails to comply with any quantity or

timing parameter in the applicable LPS RO (unless such failure is due to

Natural not confirming a nomination properly submitted), it shall be

subject to overrun charges consistent with Section 6.1(b) of this Rate

Schedule.

 

8. NOMINATIONS

 

It shall be solely Shipper's responsibility to provide Natural

with daily nominations of the quantity of gas to be received or

delivered at the Receipt or Delivery point(s) within the parameters

specified in the applicable LPS RO. Nominations for any day or for any

nomination cycle must be consistent with the LPS RO. It shall also be

Shipper's responsibility to cause gas to be delivered to Natural and to

cause gas to be received from Natural in accordance with the LPS RO.

Nominations shall be subject to confirmation and scheduling in

accordance with the General Terms and Conditions of this Tariff. If a

nomination to reverse a park or loan is consistent with the LPS RO but

cannot be confirmed by Natural, the Shipper must continue to nominate on

subsequent days until Natural can confirm the nomination, unless the

parties agree on a revised LPS RO. Differences between confirmed

nominations and allocated volumes are subject to Balancing Service

Charges under Section 12 of the General Terms and Conditions of this

Tariff. Overrun charges apply as specified in Section 6.1(b) of this

Rate Schedule.