Panhandle Eastern Pipe Line Company

First Revised Volume No. 1

 Contents / Previous / Next / Main Tariff Index

 

 

Effective Date: 11/01/1999, Docket: RP99-506-000, Status: Effective

First Revised Sheet No. 576 First Revised Sheet No. 576 : Superseded

Superseding: Original Sheet No. 576

RATE SCHEDULE IOS

IN/OUT STORAGE SERVICE

FORM OF GAS STORAGE AGREEMENT

 

 

 

THIS AGREEMENT, made and entered into this day of

______________, ______, by and between PANHANDLE EASTERN PIPE LINE

COMPANY (" Panhandle") and

("Shipper"),

 

W I T N E S S E T H:

 

WHEREAS, Panhandle has available underground Gas storage

capacity; and

 

WHEREAS, Shipper desires to purchase and Panhandle desires to

provide certain storage service.

 

NOW, THEREFORE, Panhandle and Shipper do mutually agree as

follows:

 

This contract is for Market Area Storage ______

This contract is for Field Area Storage ______

 

ARTICLE 1

DELIVERY OF THE STORED VOLUME

 

1.1 Shipper hereby agrees to purchase the storage service

offered by Panhandle hereunder and desires to have certain volumes

hereinafter set forth (Stored Volume) delivered into storage for

Shipper's account during the term hereof, up to the Maximum Stored

Quantity, set out below, which shall be the maximum inventory Shipper

may maintain in storage hereunder at any given time. Injections

shall be made in accordance with Shipper's nominations, but Panhandle

shall not be required to inject Gas at a rate in excess of 1/200th of

Shipper's Maximum Stored Quantity on any Day. At no time shall

Shipper's Stored Volume exceed its Maximum Stored Quantity. Stored

Volumes are to be delivered in accordance with Shipper's nominations

pursuant to the terms and conditions of this Agreement, all in

accordance with Section 2 of Rate Schedule IOS.

 

Maximum Stored Quantity ____________ Dt.

 

Maximum Daily Injection Quantity ____________ Dt./Day

 

Maximum Daily Withdrawal Quantity ____________ Dt./Day