Panhandle Eastern Pipe Line Company
First Revised Volume No. 1
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Effective Date: 03/01/1998, Docket: RP98-121-001, Status: Effective
Sub Second Revised Sheet No. 102 Sub Second Revised Sheet No. 102 : Superseded
Superseding: First Revised Sheet No. 102
RATE SCHEDULE GPS
GAS PARKING SERVICE
This Rate Schedule is available for Gas Parking service provided
by Panhandle Eastern Pipe Line Company (hereinafter called Panhandle)
for any party (hereinafter called Shipper):
(a) which has executed a Service Agreement in the form
prescribed under this Tariff for service under this Rate
(b) which delivers Natural Gas or causes Natural Gas to be
delivered to Panhandle for subsequent delivery by
Panhandle for the account of Shipper.
2. APPLICABILITY AND CHARACTER OF SERVICE
This Rate Schedule shall apply to Gas made available by Shipper
to Panhandle in connection with firm or interruptible transportation
agreements and nominated for Parking service under this Rate
Schedule, subject to the General Terms and Conditions herein and the
further provisions of the Service Agreement.
The service provided hereunder is an interruptible service and
shall be provided only after all other services offered by Panhandle
are scheduled and to the extent permitted by Panhandle's system.
Providing Parking service shall not impede Panhandle's ability to
meet its firm and interruptible service obligations, including
Panhandle's system requirements and Panhandle's otherwise applicable
firm obligations under a GDS Service Agreement to provide no-notice
service up to the MDCQ of the underlying firm Transportation
Agreements. The service shall consist of: (1) the receipt/delivery
of a Quantity of Gas for Parking for Shipper's account at the points
designated by Shipper, up to the maximum parked quantity as specified
in the Service Agreement; (2) the Parking of such Gas for the account
of Shipper at the Parking point designated by Shipper in the Service
Agreement; and (3) the subsequent redelivery/receipt of such Gas
Panhandle shall receive from Shipper such daily quantities of
Gas as are nominated and scheduled for Parking and park such quantity
for a minimum of one (1) day. Gas may be parked for a period of up
to thirty one (31) days and such period may be extended by Panhandle
as permitted by system operating conditions.
Shipper's account may hold a negative parked quantity, which
shall mean the Quantity of Gas that Shipper has received from parking
in excess of the sum of the parked quantity at any point in time.
Nominations to receive such excess Quantity of Gas shall be confirmed
at Panhandle's reasonable discretion.