Pine Needle LNG Company, LLC

Original Volume No. 1

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Effective Date: 02/27/2005, Docket: RP05-167-000, Status: Effective

Fourth Revised Sheet No. 62 Fourth Revised Sheet No. 62 : Effective

Superseding: Second Revised Sheet No. 62

GENERAL TERMS AND CONDITIONS

(Continued)

 

 

17. NOMINATIONS, CONFIRMATIONS AND ALLOCATION OF CAPACITY (Continued)

 

17.1 (e) Elapsed-prorated-scheduled quantity means that portion of the scheduled quantity

that would have theoretically flowed up to the effective time of the Intraday

Nomination being confirmed, based upon a cumulative uniform hourly quantity for

each nomination period affected.

 

Elapsed-prorated-scheduled quantity will apply to all nomination decreases

submitted in the ID1 and ID2 cycles.

 

(f) Pine Needle will publish all bumping notices on its EBB service as expeditiously

as possible.

 

(g) For services that provide for intraday nominations and scheduling, there is no

limitation as to the number of intraday nominations (line items as per NAESB

Standard 1.2.1) which a service requester may submit at any one standard

nomination cycle or in total across all standard nomination cycles.

 

17.2 Confirmations

 

An upstream or downstream operating entity's confirmation of nominations made pursuant

to Section 17.1 herein, will be applied to subsequent cycles within the gas day unless

the operating entity revises such confirmation. In that event, any such revised

confirmation will be applied to subsequent cycles within the gas day.

 

17.3 Allocation of Capacity

 

In reaching its determination of capacity which Pine Needle anticipates that it will

have available to satisfy Customers' requests for services each day, Pine Needle will

give first priority to Customers under Rate Schedule LNG-1. In the event quantities

scheduled under Section 6.3 of Rate Schedule LNG-1 exceed Pine Needle's truck loading

capability for any day, Pine Needle shall order reduction of Customer's firm truck

loading entitlements on a pro rata basis based on the firm contract storage

entitlements of the Customers scheduling such withdrawals. To the extent capacity

remains, it shall be allocated to Customers' interruptible services under Rate

Schedule LNG-2 on a first-come, first-served basis.