Kinder Morgan Louisiana Pipeline LLC
Original Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 03/01/2009, Docket: RP09-257-000, Status: Effective
Original Sheet No. 151 Original Sheet No. 151
GENERAL TERMS AND CONDITIONS
----------------------------
a period of up to two (2) years, at which time that amount will be
included in the amounts for distribution in the then current annual
period to the extent not offset by costs under Section 9.3(a). The
refunds in the prior sentence shall be calculated on a Monthly
basis but distribution of the credit shall be annual. KMLP shall
also distribute interest on the principal refund amount calculated
through the distribution date consistent with 18 C.F.R. Section
154.501. If the costs to be netted against penalty revenue exceed
the penalty revenue in any Month, the excess costs may be carried
forward to be applied against penalty revenue in subsequent Months.
Thus, while distribution is made annually, the net penalty revenue
credit shall be calculated on a Monthly basis, subject to the carry
forward of costs as stated in the prior sentence. A Shipper which
failed to comply with an Operational Flow Order shall be excluded
from distribution of net penalty revenues only for the Month in
which that violation occurred.
(2) Where capacity has been released, any amounts
distributed to the Original Shipper and the calculation and amounts
distributed to the Original Shipper shall be based on the MDQ and
flowing volumes of Gas for that Shipper (without considering any
contracts of Replacement Shippers) during the relevant annual
period; provided, however, that in the case of a permanent release,
any amounts distributed hereunder with respect to the released
capacity shall be distributed to the Replacement Shipper and the
calculation and the amounts distributed to the Replacement Shipper
shall be based on the MDQ and flowing volume for that Replacement
Shipper during the relevant annual period. KMLP shall file with the
Commission a refund report for each annual distribution of penalty
revenue under this Section 9.3.