Liberty Gas Storage, LLC
Original Volume No. 1
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Effective Date: 04/15/2007, Docket: RP07-357-000, Status: Effective
Original Sheet No. 100 Original Sheet No. 100 : Effective
GENERAL TERMS AND CONDITIONS
1. INTRODUCTORY STATEMENT
Except where expressly stated otherwise, the General Terms and Conditions of
Liberty's currently effective FERC Gas Tariff shall apply to all Gas services
rendered by Liberty under any Storage Service Agreement, including, but not
limited to, service under the FSS, SFS, IP, IW, IL, IBT and IB Rate Schedules.
2.1 “Action Alert” shall have the meaning set forth in Section 5.5(f).
2.2 “Bcf” means one billion (1,000,000,000) cubic feet.
2.3 “Btu” means one British Thermal Unit, and shall be the quantity of heat
required to raise the temperature of one (1) pound of water from fifty-eight
and five-tenths degrees (58.5 degrees) to fifty-nine and five-tenths degrees
(59.5 degrees) Fahrenheit. The reporting basis for Btu is 14.73 dry psia and
60 degrees Fahrenheit (101.325 kPa and 15 degrees C, and dry).
2.4 “Business Day” means Monday through Friday, excluding Federal Banking
Holidays for transactions in the United States, and similar holidays for
transactions occurring in Canada and Mexico.
2.5 “Contract Year” means the twelve (12) month period beginning on the date
storage service under a Storage Service Agreement commences and each subsequent
twelve month period thereafter during the term of the Storage Service
2.6 “Critical Notices” shall mean information pertaining to Liberty
conditions that affect scheduling or adversely affect scheduled Gas flow.
2.7 “A cubic foot of Gas” equals the volume of Gas that occupies one cubic
foot at a temperature of 60 degrees Fahrenheit, a pressure of 14.73 psia, and
dry. Mcf means one thousand
(1,000) cubic feet and MMcf means one million (1,000,000) cubic feet.
2.8 “Customer” means the party that holds all lawful right and/or title to
the Gas that is being stored, parked and/or wheeled and who executes a Storage
Service Agreement with Liberty.
2.9 “Day” means a period of twenty-four (24) consecutive hours, beginning
and ending at
9:00 a.m. (Central Clock Time (“CCT”)).
2.10 “Dekatherm” (“Dth”) means the quantity of heat energy which is equivalent
Btu. One “Dekatherm” of Gas means the quantity of Gas which contains one
Dekatherm of heat energy
2.11 “Elapsed-prorated-scheduled Quantity” shall mean that portion of the
scheduled quantity that would have theoretically flowed up to the effective
time of the intraday nomination being confirmed, based upon a cumulative
uniform hourly quantity for each nomination period affected.