National Fuel Gas Supply Corporation

Fourth Revised Volume No. 1

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Effective Date: 10/14/2004, Docket: RP04-591-000, Status: Effective

First Revised Sheet No. 418 First Revised Sheet No. 418 : Effective

Superseding: Original Sheet No. 418

 

GENERAL TERMS AND CONDITIONS

 

 

20. PASS-THROUGH OF FIXED TAKE-OR-PAY SURCHARGE (Cont'd.)

 

adjustments shall include interest payments or charges at the

Commission-approved interest rate calculated from the date the

payment was received, or if Buyer did not pay, the date payment

should have been received, through the date of such billing

adjustment.

 

(g) True Up. Within sixty (60) days of the last take-or-pay

payments made by customers related to Seller's individual

filings to flowthrough its upstream pipeline's take-or-pay

charge after the Commission's approval of each individual

upstream pipeline's take-or-pay allocation methodology by a

final, non-appealable order, Seller will submit to the

Commission for approval and to the parties a final report and

any further adjustments, if necessary, to insure that the

amount billed or flowed through to each of its customers is the

amount the customer owed or was due. Any such further

adjustments shall include interest at the Commission-approved

rate through the date of such adjustment.

 

In accordance with the Commission's order in Docket No.

RP91-47-006, et al., 68 FERC 61,132, each Shipper's share of take-

or-pay charges attributable to the take-or-pay provisions of this

Section 20 billed after July 29, 1994, may be recovered over an

extended amortization period not to exceed 36 months, at the

Shipper's option, commencing on the effective date of the filing.

 

Any payment required from Shipper and not received by Seller on or

before the due date shall bear interest in accordance with Section

5.4 of Seller's General Terms and Conditions to its FERC Gas Tariff.

 

Shippers, whose service agreement(s) with Seller expire on or after

December 1, 1990, and whom receive Commission authority to abandon

service from Seller at any time on or after December 1, 1990, shall

be directly billed for Shipper's full unpaid share of take-or-pay

charges attributable to take-or-pay charges approved by the

Commission and billed to Seller by its upstream pipelines, together

with carrying charges thereon through the date of the final

Commission order authorizing