Cove Point LNG Limited Partnership

Second Revised Volume No. 1

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Effective Date: 06/14/2000, Docket: RP00-389-000, Status: Effective

Original Sheet No. 51 Original Sheet No. 51 : Effective

 

 

RATE SCHEDULE FTS

Firm Transportation Service

(Continued)

 

 

 

3. TRANSPORTATION SERVICE PROVIDED

 

(a) In accordance with the further provisions of this Rate Schedule, Operator shall

receive Scheduled Daily Receipt Quantities of Natural Gas from or on behalf of Buyer

and shall deliver thermally equivalent Scheduled Daily Delivery Quantities, less

quantities for Operator's fuel use, losses and unaccounted for purposes (herein

referred to as "Retainage"), to or for Buyer. Service under this Rate Schedule shall

be provided on a firm basis.

 

(b) Operator's maximum obligation to receive Natural Gas for transportation service on

any day for Buyer shall be limited to the lesser of (i) Buyer's MFTQ plus Retainage,

or (ii) Buyer's Scheduled Daily Receipt Quantity. Operator's maximum obligation to

deliver Natural Gas on any day for Buyer under this Rate Schedule shall be the lesser

of (i) Buyer's MFTQ, or (ii) Buyer's Scheduled Daily Delivery Quantity, or (iii) the

quantity of Natural Gas Operator receives for Buyer less Retainage.

 

(c) Buyer shall have the right to release and assign the service rights under its FTS

Service Agreement in accordance with Section 10 (Release and Assignment of Service

Rights) of the General Terms and Conditions. Service to an assignee under any such

release and assignment shall be subject to the provisions set forth in this Rate

Schedule and in the applicable General Terms and Conditions.