Panhandle Eastern Pipe Line Company

First Revised Volume No. 1

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Effective Date: 04/01/1994, Docket: RP94-160-000, Status: Effective

Original Sheet No. 89 Original Sheet No. 89 : Superseded

 

RATE SCHEDULE FS

FLEXIBLE STORAGE SERVICE

 

 

 

1. AVAILABILITY

 

This Rate Schedule is available for Natural Gas Storage service

performed by Panhandle Eastern Pipe Line Company (hereinafter called

Panhandle) for any party (hereinafter called Shipper) which has

executed a Service Agreement in the form prescribed under this Tariff

for service under this Rate Schedule for Storage service from either

Panhandle's Market Area Storage Facilities or Field Area Storage

Facilities.

 

2. APPLICABILITY AND CHARACTER OF SERVICE

 

This Rate Schedule shall apply to Gas made available by Shipper

to Panhandle under firm, interruptible or third party transportation

agreements at the applicable WS Point and nominated for Storage under

this Rate Schedule, subject to the General Terms and Conditions

herein and the further provisions of the Service Agreement. In

addition, where Shipper is utilizing a third party to make Gas

available for Storage in Panhandle's Market Area Storage Facilities

under this Rate Schedule, the Shipper may designate as the WS Point

an off-system Market Area Storage Facility that Panhandle has leased

from a third party, subject to operational feasibility, the terms and

conditions applicable to Panhandle's agreement with the third party

providing the off-system storage, the General Terms and Conditions

herein, and the further provisions of the Service Agreement.

 

The service provided hereunder consists of the injection of

Shipper's Gas into Storage at the applicable WS Point during the

Summer Period, Storage in Panhandle's Market Area Storage Facilities

or Field Area Storage Facilities, as elected by the Shipper in the

Service Agreement, and the subsequent withdrawal from Storage of

Shipper's Gas at the applicable WS Point during the Winter Period,

all on a firm basis. Winter Period injections and Summer Period

withdrawals will be permitted on an interruptible basis, subject to

Panhandle's management of Storage to preserve deliverability.

Maximum Daily Withdrawal Quantities (MDWQ) and Maximum Daily

Injection Quantities (MDIQ) shall be in accordance with the FS

Storage Agreement. Available withdrawal quantities will vary

according to the percentage of Shipper's Stored Volume to the Maximum

Stored Quantity in accordance with the FS Storage Agreement.