Panhandle Eastern Pipe Line Company

First Revised Volume No. 1

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Effective Date: 02/01/2002, Docket: RP00-395-003, Status: Effective

Third Revised Sheet No. 70 Third Revised Sheet No. 70 : Superseded

Superseding: Second Revised Sheet No. 70

RATE SCHEDULE WS (Continued)

WINTER STORAGE SERVICE

 

 

 

Shipper at the WS Point and injected into Storage during

the Month times the applicable injection charge per Dt. as

set forth on the effective Tariff Sheet No. 11.

 

3.4 Withdrawal Charge

 

Shipper shall pay a Withdrawal Charge which shall be the

product of the Quantity of Gas actually withdrawn from

Storage and delivered to Shipper at the WS Point during

the Month times the applicable withdrawal charge per Dt.

as set forth on the effective Tariff Sheet No. 11.

 

3.5 Surcharges

 

Shipper shall pay all surcharges specified in the General

Terms and Conditions or which otherwise may be applicable

to service under this Rate Schedule from time to time.

 

3.6 Overrun Charge and Unauthorized Overrun Penalty

 

Shipper shall pay the applicable Overrun Charge and, if

applicable, the Unauthorized Overrun Penalty per Dt. of

Gas actually delivered at the applicable WS Point and

injected into Storage or withdrawn from Storage and

received for transportation at the applicable WS Point

during any Day in excess of the MDIQ and MDWQ set out in

the Service Agreement, as applicable. The Overrun Charge

per Dt. shall be as set forth on the effective Tariff

Sheet No. 11 and the Unauthorized Overrun Penalty shall be

as set forth in Sections 12.16 and 12.17 of the General

Terms and Conditions. For purposes of computing Overrun

Charges and Unauthorized Overrun Penalties applicable to

withdrawals in excess of MDWQ when Stored Volume falls

below 30% of MSQ, the MDWQ as stated in the WS Storage

Agreement shall be deemed to be reduced in accordance with

the ratchets set forth in Section 2 of this Rate Schedule.

The Overrun Charge and Unauthorized Overrun Penalty will

not apply to Winter Period injections and Summer Period

withdrawals if the Quantities injected or withdrawn are

within the MDIQ or MDWQ, as applicable.

 

3.7 Range of Rates

 

Unless otherwise agreed to in writing by Shipper and

Panhandle, any rate applicable to a Shipper for service

hereunder, by reference to the effective Tariff Sheet No.

11 shall be the applicable Maximum Rate(s) set forth

thereon. If an amount less than the applicable Maximum

Rate(s) and not less than the applicable Minimum Rate(s)

is agreed upon, such amount shall be applicable

prospectively.