Saltville Gas Storage Company L.L.C.

Original Volume No. 1

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Effective Date: 04/01/2009, Docket: RP05-157-015, Status: Effective

Original Sheet No. 26 Original Sheet No. 26

 

STATEMENT OF NEGOTIATED RATES

(continued)

 

4/ If, at any time after service commences under the Service Agreement, Customer is paying the

Negotiated Rates and Saltville is collecting its effective maximum recourse rates from other

Customers subject to refund under Section 4 of the Natural Gas Act, Saltville shall have no

refund obligation to Customer even if the final maximum rate is reduced to a level below the

Negotiated Rates provided herein. Customer's right to receive credits relating to

Saltville's penalty revenue or other similar revenue, if any, applicable to storage service

on Saltville's system shall be governed by Saltville's FERC Gas Tariff and any applicable

FERC orders and/or regulations. In the event Customer releases its firm storage rights under

the Service Agreement, Customer shall continue to be obligated to pay Saltville for the

difference, if any, by which Customer's then effective rate exceeds the release rate.