Petal Gas Storage Company

First Revised Volume No 1

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Effective Date: 06/01/1998, Docket: RP97-280-001, Status: Effective

First Revised Sheet No. 101 Petal Gas Storage Company: First Revised Volume No 1

First Revised Sheet No. 101 : Superseded

Superseding: Original Sheet No. 101

 

 

GENERAL TERMS AND CONDITIONS

 

1. INTRODUCTORY STATEMENT

 

Except where expressly stated otherwise, the General Terms and

Conditions of Petal's currently effective FERC Gas Tariff shall apply

to all natural gas storage service rendered by Petal under any storage

service agreement, including, but not limited to, service under the FSS

Rate Schedule and the ISS Rate Schedule.

 

 

2. DEFINITIONS

 

2.1 Bcf means one billion (1,000,000,000) cubic feet.

 

2.2 Btu means one British Thermal Unit, and shall be the amount of

heat required to raise the temperature of one (1) pound of water

one degree Fahrenheit at sixty degrees Fahrenheit (Btu is measured

on a dry basis at 14.73 dry psia).

 

2.3 Business Day shall mean Monday through Friday, excluding Federal

Banking Holidays for transactions in the United States, and

similar holidays for transactions in Canada and Mexico.

 

2.4 Contract Year shall mean the twelve (12) month period beginning

on the date storage service under a storage agreement commences

and each subsequent twelve month period thereafter during the term

of the agreement.

 

2.5 A cubic foot of gas equals the volume of gas that occupies one

cubic foot at a temperature of 60 degrees F and a pressure of

14.73 dry psia. Mcf means one thousand (1,000) cubic feet and

MMcf means one million (1,000,000) cubic feet.

 

2.6 Customer means the party that holds all lawful right and title to

the natural gas that is being stored and who executes the storage

service agreement.

 

2.7 Customer's stored gas or gas stored means the quantity of gas

stored by Petal for Customer's account.