Petal Gas Storage Company
Original Volume No. 1
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Effective Date: 08/16/1999, Docket: RP99-443-000, Status: Effective
Original Sheet No. 204 Original Sheet No. 204 : Effective
FORM OF INTERRUPTIBLE STORAGE SERVICE AGREEMENT
THIS AGREEMENT made this ___ day of ________, ___ by and between Petal Gas
Storage Company, a Delaware corporation (hereinafter called "Petal") and
___________________ (hereinafter called "Customer").
WITNESSETH: That in consideration of the mutual covenants herein contained,
Petal and Customer agree that Petal will store natural gas for Customer
during the term, at the rates and on the terms and conditions hereinafter
provided.
ARTICLE I - SCOPE AND QUANTITIES
Beginning on the date on which storage service is commenced hereunder and
thereafter for the remaining term of this Agreement, and subject to the
provisions of Petal's ISS Rate Schedule, Petal agrees to receive, cause to
be injected into storage for Customer's account, store, withdraw from
storage, and deliver to Customer's transporter quantities of natural gas
pursuant to Appendix 1 attached hereto.
ARTICLE II - RECEIPT AND DELIVERY POINTS
The point(s) at which the gas is to be tendered by Customer to Petal under
this Agreement shall be appropriately designated as such on Appendix 1, as
Receipt Point(s).
The point(s) at which the gas is to be tendered by Petal to Customer under
this Agreement shall be appropriately designated as such on Appendix 1, as
Delivery Point(s).
ARTICLE III PRICE
The prices to be charged Customer hereunder for the services are market
based.
ARTICLE IV - FUEL REIMBURSEMENT
Customer shall pay a monthly charge for an amount of gas for fuel and
losses as provided in Rate Schedule ISS and the General Terms and
Conditions of Petal's FERC Gas Tariff.
ARTICLE V - TAXES AND REGULATORY FEES AND CHARGES
Customer shall reimburse Petal for all applicable taxes as may be assessed
Petal for the receipt, injection, storage, withdrawal and/or delivery of
Customer's gas. In addition, Customer shall reimburse Petal for Customer's
pro rata portion of all ad valorem taxes, property taxes and/or other
similar taxes. Customer shall also reimburse Petal for all fees and
charges, as required by regulatory authorities, that are related to the
service provided under this Agreement.