Midwest Gas Storage, Inc.

First Revised Volume No. 1

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Effective Date: 05/15/1994, Docket: CP90-454-004, Status: Effective

Original Sheet No. 503 Original Sheet No. 503 : Effective

 

 

Sections 4.7 and 4.8 herein, the Mid-Continent Spot Price

shall be the average of the Dewey County, Oklahoma Spot

Price for Gas delivered to Panhandle from the table "Spot

Prices on Interstate Pipeline Systems" for deliveries

during the applicable Month in which the imbalance occurred

contained in the first issue of NATURAL GAS WEEK published

the following month. If the reported price referenced

above is not published for the Month required, Panhandle

shall determine the Mid-Continent Spot Price using another

publication that publishes the spot price for Gas.

 

1.13 The term "Midwest's Use" shall mean Midwest's compressor

fuel and lost-and-unaccounted for Gas attributable to

Storage of Gas for Shipper.

 

1.14 The term "Month" shall mean the period beginning at 12:00

noon, Eastern Time on the first Day of a calendar month and

ending at the same hour on the first Day of the next

succeeding calendar month.

 

1.15 The term "Monthly Contract Quantity" shall mean the

greatest number of Dths that Midwest is obligated to

deliver for or on behalf of Shipper during any Month of the

Winter Period provided that the Monthly Contract Quantity

in any Month of the Winter Period cannot be less than

sixteen percent (16%) of Shipper's Maximum Storage Quantity

and, further, provided that the sum of the Monthly Contract

Quantities for all Months of the Winter Period equals

Shipper's Maximum Storage Quantity.

 

1.16 The term "Point of Injection/Withdrawal" shall mean the

point(s) of interconnection specified in the Storage

Service Agreement between Midwest's facilities and those of

Panhandle Eastern Pipeline Company, or Indiana Gas Company.

 

1.17 The term "Reduction for Midwest's Use (%)" shall mean the

applicable Reduction for Midwest's Use (%), as specified in

the effective Statement of Rates which shall be an

allocable amount of fuel and lost and unaccounted for gas,

relative to the injection, withdrawal, and storage of Gas

as calculated by Midwest.