Pine Needle LNG Company, LLC
Original Volume No. 1
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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)
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.