Pine Needle LNG Company, LLC

Original Volume No. 1

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Effective Date: 01/01/2003, Docket: RP01-243-000, Status: Effective

First Revised Sheet No. 10 First Revised Sheet No. 10 : Effective

Superseding: Original Sheet No. 10

 

RATE SCHEDULE LNG-1

Natural Gas Liquefaction, Storage and Delivery Service

(Guilford County, North Carolina)

 

 

 

1. AVAILABILITY

 

1.1 This rate schedule is available for the purchase from Pine Needle LNG Company, LLC

(hereinafter referred to as "Pine Needle") of a service consisting of the liquefaction

of natural gas; the storage of such liquefied natural gas; and the vaporization and

delivery of natural gas to any person, company or agency (hereinafter referred to as

"Customer"), when Customer and Pine Needle have executed an agreement for service

under this rate schedule.

 

1.2 Service under this rate schedule is also available when Customer has obtained released

firm storage capacity from a Rate Schedule LNG-1 Customer releasing such firm storage

capacity or a Customer re-releasing such firm storage capacity ("Releasing Customer")

pursuant to Section 20 of the General Terms and Conditions.

 

2. APPLICABILITY AND CHARACTER OF SERVICE

 

2.1 Applicability

 

This rate schedule shall apply to receipt of gas, liquefaction, storage, vaporization

and redelivery service rendered by Pine Needle for Customer including service released

under this rate schedule pursuant to Section 20 of the General Terms and Conditions.

Service shall be rendered pursuant to Part 284 of the Commission's regulations and the

executed agreement for service hereunder. Service rendered under this rate schedule,

within the limitations described in Sections 5 and 6 below, shall be firm, and shall

not be subject to curtailment or interruption except as provided in Section 11 of the

General Terms and Conditions.

 

2.2 Pre-granted Abandonment and Right of First Refusal

 

Section 284.221(d) of the Commission's regulations shall apply to service under this

rate schedule subject to the right of first refusal procedures, if applicable, as set

forth in Section 23 of the General Terms and Conditions of this Tariff.

 

3. DEFINITIONS

 

3.1 Vaporization Quantity

 

The Vaporization Quantity shall be the maximum quantity which Pine Needle shall be

obligated to withdraw from storage, vaporize and deliver for Customer or Customer's

account, and which Customer is entitled to receive from Pine Needle's liquefied

natural gas storage facility on any day, subject to the limitations set forth in

Section 6 below, and shall equal the dekatherm equivalent of up to 10% of each

customer's firm storage capacity quantity. Such quantity shall be specified in the

executed service agreement between Customer and Pine Needle.