National Fuel Gas Supply Corporation

Fourth Revised Volume No. 1

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Effective Date: 01/01/1999, Docket: RP99-180-000, Status: Effective

First Revised Sheet No. 474 First Revised Sheet No. 474 : Effective

Superseding: Original Sheet No. 474

GENERAL TERMS AND CONDITIONS

 

 

32. TRANSFERS OF STORAGE BALANCE

 

32.1 Subject to the limitations of this Section 32, and subject to

Section 3.7 of the ISS Rate Schedule, any Shipper under the ESS,

FSS or ISS Rate Schedules (a "Transferring Shipper") may transfer

all or any part of its Storage Balance to:

 

(a) any other Shipper that has executed a Service Agreement

providing for service under the ESS, FSS or ISS Rate

Schedule ("Receiving Shipper"), including Service

Agreements executed in connection with the release of

storage service under Section 10 of these General Terms

and Conditions;

 

(b) its Storage Balance under a different Service Agreement

under the ESS, FSS or ISS Rate Schedules (in which

capacity the Transferring Shipper shall be referred to

as the "Receiving Shipper"); or

 

(c) Transporter, in order to make contractually required

returns of gas (including allowances) to Transporter

under Transporter's IAS Rate Schedule.

 

32.2 A Transferring Shipper may transfer all or any part of its

Storage Balance to a Receiving Shipper only as follows:

 

(a) Transferring Shipper and Receiving Shipper shall each

submit to Transporter a Customer Nomination as

described in Section 13.1 of these General Terms and

Conditions, which Customer Nomination shall be without

conditions and identify the date(s) on which the

transfer is proposed to be effective. Upon

Transporter's receipt of both Customer Nominations to

transfer Storage Balance, both such nominations shall

be irrevocable.

 

(b) Subject to the limitations of this Section 32, a

Storage Balance transfer from Transferring Shipper to

Receiving Shipper will occur at the effective time of

the Receiving Party's nomination for that transfer.

 

(c) By delivering to Transporter a Customer Nomination for

a transfer of Storage Balance under this Section 32,

Transferring Shipper warrants to Transporter that

Transferring Shipper has the authority to transfer the

Storage Balance.