Natural Gas Pipeline Company Of America

Second Revised Volume No. 2

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Effective Date: 06/01/1993, Docket: RP93- 36-000, Status: Suspended

Fourteenth Revised Sheet No. 432 Fourteenth Revised Sheet No. 432 : Suspended

Superseding: Thirteenth Revised Sheet No. 432

 

 

not be at the exact same thermal equivalent quantities each day. For this reason, it is recognized

that the thermal equivalent quantity of gas redelivered by Natural on each day hereunder may vary

above or below the thermal equivalent quantity received from or for the account of Trunkline. The

parties, however, shall use their best efforts to keep such variance to a minimum. Following

receipt of monthly statements, the parties shall adjust the receipts and redeliveries of thermal

equivalent quantities of gas as promptly as is consistent with operating conditions in order to

balance any excess or deficiency each month. In the event the quantities of gas delivered and

redelivered are not in balance on a thermal equivalent basis at the end of the term hereof, then

such balance shall be achieved by extending deliveries or redeliveries at the then current rates of

delivery as applicable at the appropriate point of delivery or redelivery until such balance is

achieved or by such other method as is then mutually agreed upon by the parties hereto.

 

 

ARTICLE III*

RATES

 

 

1. Trunkline agrees to pay Natural for gas Trunkline shall deliver or cause to be delivered

to Natural at the Holly Beach Delivery Point:

 

 

a. A monthly Demand Charge equal to the product of the Reserved Daily Capacity of 405,000 Mcf, or

such reduced amount determined pursuant to the provisions of Section 1 of Article II hereof and

$0.68 for the period November through March and $0.63 for the period April through October. A

commodity charge shall also be assessed equal to the actual volumes of gas received by Natural

times $.0139 per Mcf for the period November through March and $.0119 per Mcf for the period

April through October; and

 

 

b. Trunkline agrees to pay Natural an additional charge of $.0224 per Mcf for the period November

through March and $.0207 per Mcf for the period April through October on any quantities of gas

tendered for delivery by Trunkline and which Natural is willing to accept and receive and

redeliver to Trunkline during any day in excess of the Reserved Daily Capacity provided in

subsection 1.a. of this Article III. If in any month Natural fails to deliver the lesser of

the Reserved Daily Capacity or the quantity of gas tendered by Trunkline and accepted by

Natural at the Holly Beach Delivery Point other than the monthly variation permitted in

Section 8 of Article II hereof, then the Demand Charge for said month shall be reduced by an

amount equal to the product of $.0224 per Mcf for the period November through March and $.0207

per Mcf for the period April through October and the amount by which actual redelivery by

Natural during said month was below the lesser of (i) the Reserved Daily Capacity provided in

subsection 1.a. of this Article III multiplied by the number of days in said month or (ii) the

quantity tendered to and accepted by Natural.

 

 

 

* Revised by Amendments dated November 25, 1975, September 20, 1979, May 24, 1985 and September 15,

1986.