Maritimes & Northeast Pipeline, L.L.C.
First Revised Volume No. 1
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Effective Date: 01/07/2008, Docket: RP08-113-000, Status: Effective
Third Revised Sheet No. 243 Third Revised Sheet No. 243 : Effective
Superseding: Second Revised Sheet No. 243
GENERAL TERMS AND CONDITIONS
(continued)
8. CURTAILMENT (continued)
8.7 Compensation.
If Pipeline is requested to invoke Section 8.6, then the
requesting Customer's invoice for such Month shall be adjusted
upward to reflect the following charges:
(a) an amount equal to the aggregate curtailment
adjustment quantity requested by the Customer pursuant
to Section 8.6 multiplied by the reservation charge
for the applicable rate schedule multiplied by .0329
and
(b) an amount equal to the pro rata capacity excess
multiplied by (the Dekatherm equivalent of the Fuel
Oil Price x 150% - Index Price) where the term pro
rata capacity excess means the difference between the
capacity allocated to the Customer requesting an
exception to the curtailment provisions and the
capacity that would have been allocated under a
straight pro rata allocation; the term Fuel Oil Price
shall mean the average of the daily average high and
low prices for (a) low sulfur No. 2 fuel oil, and (b)
0.7% sulfur No. 6 fuel oil, as posted in Platt's
Oilgram Price Report for Estimated U.S. Gulf Coast
Spot prices, Waterborne, for the Month in which the
curtailment event occurred. The Index Price shall be
as stated in Section 11.6(c) of the GT&C.
All revenues attributable to such adjustment shall be credited,
on a pro rata basis, based on each Customer's additional
curtailment quantity due to the Emergency Situation divided by
the aggregate of all Customers' additional curtailment quantity
due to the Emergency Situation, to those Customers curtailed to
a lower quantity as a result of the Emergency Situation.
8.8 Except as provided in Section 8.9 below, in the event
Pipeline fails to deliver on any one Day at least 95% of
the quantity of gas requested to be delivered by Pipeline
at Point(s) of Delivery which