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

(continued)

 

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.