Pine Needle LNG Company, LLC

Original Volume No. 1

 Contents / Previous / Next / Main Tariff Index

 

 

Effective Date: 02/22/2009, Docket: RP09-239-000, Status: Effective

Second Revised Sheet No. 11 Second Revised Sheet No. 11

Superseding: First Revised Sheet No. 11

 

RATE SCHEDULE LNG-1

Natural Gas Liquefaction, Storage and Delivery Service

(Guilford County, North Carolina)

(Continued)

 

 

 

3. DEFINITIONS (Continued)

 

3.2 Liquefaction Quantity

 

The Liquefaction Quantity shall be the maximum quantity of gas which Pine Needle shall

be obligated to liquefy for Customer on any day, subject to the limitations set forth

in Section 5 below, and shall equal the dekatherm equivalent of up to 0.5% of each

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

executed service agreement. Such quantity does not include any additional quantities

of gas to be retained by Pine Needle for fuel and gas otherwise used, or lost and

unaccounted for in its operation.

 

3.3 Storage Capacity

 

The Storage Capacity shall be the maximum quantity of liquefied natural gas which Pine

Needle is obligated to store for Customer's account at any time. Such quantity shall

be specified in the executed service agreement between Customer and Pine Needle.

 

3.4 Liquefied Natural Gas Balance

 

The Liquefied Natural Gas Balance of Customer shall be the quantity of gas in storage

for Customer's account at any particular time.

 

4. RATES AND FUEL

 

4.1 The rates for service under this rate schedule are set forth on the currently

effective Sheet No. 4 of this Tariff. For releases that become effective on or after

July 30, 2008, the maximum rate ceiling does not apply to such releases provided the

release is for a term of one year or less and the release is to take effect on or

before one year from the date on which the pipeline is notified of the release. The

rate paid in any capacity release transaction not subject to the maximum rate ceiling

will not be subject to refund.

 

4.2 For service rendered to Customer under this rate schedule, Customer shall pay Pine

Needle each month a daily Demand Charge per Dt of Vaporization Quantity for each day

in the month that capacity was held. If Customer acquires capacity through a

volumetric release, the daily Demand Charge shall be the rate set forth in the

applicable capacity release award posted on Pine Needle's EBB multiplied by the

quantity vaporized each day (up to Customer's TCQ); provided, however, Customer's

monthly bill may be subject to adjustment to account for any minimum volumetric

commitment specified in such capacity release award.

 

4.3 Pine Needle shall retain from Customer's quantities delivered for liquefaction a

percentage of such gas as compensation for fuel and gas otherwise used, or lost and

unaccounted for in Pine Needle's operations. Accordingly, Customer shall also deliver

or cause to be delivered and Pine Needle shall receive such additional quantities of

gas to be retained by Pine Needle. Such percentage is specified on the currently

effective Sheet No. 4 of this Tariff.