Kinder Morgan Louisiana Pipeline LLC

Original Volume No. 1

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Effective Date: 03/01/2009, Docket: RP09-257-000, Status: Effective

Original Sheet No. 266 Original Sheet No. 266

 

GENERAL TERMS AND CONDITIONS

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(1) The amount associated with KMLP's actual

under- or over-recovery each Month during that quarter of Line Heater

Gas, Unaccounted For Gas and Fuel Gas, respectively.

 

(2) Adjustments to any prior Month's recoveries.

 

(3) Carrying charges on the deferred subaccounts.

 

(c) The amount to be included as an adjustment in the

deferral subaccounts for any Month shall be calculated as follows:

 

(1) KMLP shall determine the actual Line Heater

Gas, Unaccounted For Gas and Fuel Gas incurred that Month.

 

(2) KMLP shall then determine the amount of Line

Heater Gas, Unaccounted For Gas and Fuel Gas recovered for that Month,

as follows: (i) the amount of Line Heater Gas recovered shall be

determined by multiplying the Line Heater Gas Reimbursement Percentage

in effect during the Month, by the Receipt Quantity for the Month;

(ii) the amount of Unaccounted For Gas recovered shall be determined by

multiplying the Unaccounted For Gas Reimbursement Percentage in effect

during the Month by the Receipt Quantity for the Month; and (iii) the

amount of Fuel Gas recovered (determined separately for Compression

Service and for Other Fuel Gas Service) shall be determined by

multiplying the Fuel Gas Reimbursement Percentage in effect during that

Month by the Compressor Quantity or Other Fuel Gas Quantity, as

applicable, for the Month.

 

(3) The adjustment to the deferral subaccounts for

the Month shall be based on the difference between item (1) and item

(2). This amount shall be recorded in the applicable deferral

subaccount. Separate calculations and separate subaccount adjustments

shall be made for Line Heater Gas, Unaccounted For Gas and Fuel Gas.

The adjustments shall be made as follows:

 

(i) KMLP shall debit the relevant deferral

account in the event the current Month actual amounts exceed the

amounts that KMLP recovered hereunder for that Month.

 

(ii) KMLP shall credit the relevant deferral

account in the event the current Month actual amounts are less than the

total amount KMLP recovered hereunder.