National Fuel Gas Supply Corporation

Third Revised Volume No. 1

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Effective Date: 04/01/1997, Docket: RP97-201-000, Status: Effective

Third Revised Sheet No. 131W Third Revised Sheet No. 131W : Superseded

Superseding: Second Revised Sheet No. 131W

P-1 RATE SCHEDULE

Hub Service - Parking Schedule

 

 

4. STORAGE FIELD LOSSES (Cont'd)

 

Shipper is placed on notice that Transporter may recognize storage gas

losses for rate and accounting purposes. Such losses shall be valued at

the current replacement cost of gas. After accounting recognition of

any such loss, Transporter shall record and maintain a regulatory asset

account which shall be maintained until Transporter's next general rate

change filing under Section 4 of the Natural Gas Act. In any of Trans-

porter's general rate change filings, Transporter may propose to

amortize storage gas losses through its base rates. This provision

shall apply to storage gas losses incurred but unamortized as of the

date upon which this provision becomes effective, and to those incurred

after that date.

 

 

5. WITHDRAWALS UPON TERMINATION OF SERVICE

 

Not less than thirty (30) days prior to the termination of storage

service provided to any Shipper under this Rate Schedule, Transporter

will notify Shipper of Shipper's Storage Balance. If the Storage

Balance is positive, then the Shipper will withdraw such quantities

within thirty (30) days of the termination of the storage service. If

the Storage Balance is negative, then the Shipper will within thirty

(30) days of the end of the storage service deliver sufficient quanti-

ties of gas to make up the negative balance. If the Shipper does not

deliver sufficient quantities of gas within that thirty-day period, the

Shipper shall pay Transporter the Negative Imbalance Cash-Out Price as

set forth in Section 14.10(a) of the General Terms and Conditions, for

any remaining negative balance.

 

6. RECEIPT AND DELIVERY PRESSURE

 

Shipper shall provide gas to Transporter at pressure sufficient to enter

Transporter's pipeline at the point(s) of receipt, provided, however,

that such pressure shall not exceed any maximum pressure determined by

Transporter from time to time. Transporter shall deliver gas to or for

the account of Shipper at the delivery point(s) at the pressure existing

in Transporter's system.