Mid Louisiana Gas Company
First Revised Volume No. 2
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Effective Date: 01/11/1977, Docket: GT90- 37-000, Status: Effective
Original Sheet No. 74 Original Sheet No. 74 : Effective
RATE SCHEDULE X-8
It is anticipated that the gas purchased from Mobil by Mid Louisiana
and the gas which Southern purchases from Ashland in the Monroe Field will
equate to substantially Equivalent Volumes. However, any imbalances in
exchanged volumes shall be eliminated, by the deficient party, by
delivering additional gas to the other at the Lake St. John Exchange Point
or any other exchange point(s) which shall be mutually agreed on.
1. Southern agrees to accept at the Grand Bay Exchange Point that part
of the gas produced in Block 140, which Mid Louisiana purchases from Mobil,
its successors or assigns.
2. Mid Louisiana agrees to accept at the Cargas Exchange Point and the
Perryville Exchange Point all of the gas Southern purchases from Ashland in
the Monroe Field.
3. Any imbalances in Equivalent Volumes which may occur shall be
eliminated by the deficient party delivering the needed additional gas to
the other. If Southern is deficient, it may deliver additional gas to Mid
Louisiana at the Lake St. John Exchange Point. or it may, when acceptable
to Mid Louisiana, deliver gas, in addition to that purchased from Ashland,
to Mid Louisiana at the Perryville Exchange Point. If Mid Louisiana is
deficient, it may deliver additional gas to Southern at the Lake St. John
Exchange Point and it may, when acceptable to Southern, deliver additional
gas to Southern at the Perryville Exchange Point.
4. It is the intent of the parties that the daily and monthly
quantities of gas received by Southern from Mid Louisiana and by Mid
Louisiana from Southern shall be kept in balance as nearly as operating
conditions will permit. If, however, for any reason deliveries are not in
exact balance at the end of any month, they shall be brought into exact
balance as soon thereafter as operationally feasible.