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. 393 Original Sheet No. 393 : Pending

 

 

GENERAL TERMS AND CONDITIONS

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Publication Regions

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* Natural Gas Intelligence * Eastern Texas

"Spot Gas Prices - * Southern Texas

Delivered to Pipelines" * Texas Panhandle/Anadarko

Basin/Oklahoma

* South Louisiana

 

* Natural Gas Week * Louisiana

"Spot Prices on Natural * Offshore Louisiana

Pipeline Systems - * Oklahoma

Delivered-to-Pipeline" * Texas

* Kansas

 

In computing the Market Index Price, the arithmetic average of the

prices of spot gas delivered to interstate pipelines shall be first

calculated for each publication. A composite price shall then be

computed by averaging prices for the three reporting services. In

the event that one of the indices described above is not published

for the month in question, Natural shall substitute another

published index that fairly represents gas prices within the

region(s) in question.

 

(f) Amounts due customers for Unauthorized Gas retained

pursuant to Section 14.3(d) above shall be distributed to Natural's

jurisdictional transportation customers. The distribution shall be

by credit to each Shipper's monthly bill for the month in which the

Unauthorized Gas is retained in a pro rata amount equal to each

Shipper's volume transported for that month to the total of all

volumes transported for that month times the value assigned to

retained gas pursuant to Section 14.3(e) less any production tax

incurred by reason of such retention.