Pine Needle LNG Company, LLC
Original Volume No. 1
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Effective Date: 05/01/1999, Docket: CP96- 52-003, Status: Effective
Original Sheet No. 63 Original Sheet No. 63 : Effective
GENERAL TERMS AND CONDITIONS
18. FUEL RETENTION ADJUSTMENT PROVISION
This section of the General Terms and Conditions sets forth the
procedures to reflect changes in Pine Needle's fuel retention
percentage (FRP) applicable to Pine Needle's storage services under
which Pine Needle retains fuel.
(a) The FRP set forth on Sheet No. 4 of this tariff may be
increased to reflect a net positive change in FRP and shall
be decreased to reflect a net negative change in FRP.
(b) Pine Needle shall file with the Federal Energy Regulatory
Commission to reflect net changes in FRP at least 30 days
prior to each May 1 which is the beginning date for the
(a) Annual Period - The annual period beginning each May 1.
(b) Actual Gas Required for Operations (GRO) - Actual gas used
in Pine Needle's operations including all gas otherwise
used, lost or unaccounted for.
(c) Estimated GRO - Actual GRO quantities for the latest twelve
month period adjusted, where necessary, for known variations
from actual experience.
(d) Estimated Volumes - Actual annual volume determinants
attributable to services to which Pine Needle allocates or
assigns GRO quantities for the latest twelve month period
adjusted, where necessary, for known variations from actual
(e) Deferral Period - The period of 12 months ending 2 months
prior to the effective date of a change in rates filed
pursuant to this Section 18.