Maritimes & Northeast Pipeline, L.L.C.
First Revised Volume No. 1
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Effective Date: 09/01/2007, Docket: RP07-558-000, Status: Effective
Fifth Revised Sheet No. 236 Fifth Revised Sheet No. 236 : Effective
Superseding: Fourth Revised Sheet No. 236
GENERAL TERMS AND CONDITIONS
6. SERVICE SCHEDULING (continued)
(f) Park and loan service Customers requesting quantities of
gas to be scheduled for park and loan service under Rate
Schedule MNPAL based on net present value, with the
transaction yielding the highest net present value
receiving priority over transactions yielding a lower net
present value. Net present value shall be calculated on the
basis of the present value of the daily MNPAL charge per
Dth to Pipeline for the term of the transaction. In making
the determination of net present value, Pipeline shall
apply the rate, as of the date of the review, stated in
accordance with Section 154.501(d) of the Commission's
regulations, to all bids.
(g) For the purposes of determining whether points are located
within the Contract Path, Pipeline shall consider a movement
of gas from a Point of Receipt to a Point of Delivery which is
counter to the gas flow contemplated by the Primary Point(s)
of Receipt and Primary Point(s) of Delivery specified in the
Service Agreement as being outside of the Customer's Contract
Path. In addition, for any movement of gas that traverses a
segment(s) in which the total nominated quantity for that
contract exceeds the firm contractual entitlement, the
quantity in excess of the contractual entitlement shall be
deemed to be outside of the Customer's Contract Path.
6.2 To the extent that lateral line service is dependant on
Pipeline's mainline service and Pipeline is unable to schedule
on any Day the total of all requested quantities, Pipeline will
reduce the scheduled quantity for the lateral line service in
the same quantity as the related mainline service.
6.3 [Reserved for Future Use]
6.4 Should Customer be unable to accept the quantities of Gas
tendered at the Points of Delivery on any Day, then Pipeline
may refuse to receive Gas at the Points of Receipt on such Day.
Should Customer be unable to tender Quantities of Gas at the
Points of Receipt on any Day, then Pipeline may refuse to
deliver Gas at the Points of Delivery on such Day.
6.5 Pipeline shall have the unqualified right to commingle Gas
transported hereunder with Gas from other sources, and to treat
and handle all such Gas as under its possession and control.
It is recognized that Gas delivered by Pipeline may not be the
same molecules as those received at the Points of Receipt.
6.6 For purposes of the scheduling provisions, a Customer paying a
Negotiated Rate is subject to the provisions of Section 24.