Destin Pipeline Company, L.L.C.
Original Volume No. 1
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Effective Date: 10/01/1998, Docket: RP98-384-000, Status: Effective
Second Revised Sheet No. 242 Second Revised Sheet No. 242 : Effective
Superseding: First Rev. Sheet No. 242
OPERATIONAL BALANCING AGREEMENT
The Index Price shall be equal to the sum of the spot prices
published by the following publications for delivery to Destin's
pipeline system during the month in which the Monthly Operational
Imbalance was incurred divided by the number of such prices utilized
by Destin as determined below:
(a) Natural Gas Intelligence Gas Price Index, "South Louisiana,"
"Southern Natural," "Average"; and
(b) Inside F.E.R.C.'s Gas Market Report, "Transcontinental Gas
Pipe Line Corp.," Mississippi, Alabama," "Index;"
(c) Inside F.E.R.C.'s Gas Market Report, "Florida Gas
Transmission," "Zone 3," "Index;"
(d) Inside F.E.R.C.'s Gas Market Report, "Koch Gateway Pipeline
Company," "South Louisiana/East Side," "Index;" and
(e) Natural Gas Intelligence Price Index, "South Louisiana,"
"Tennessee Line 500," "Average."
With respect to Inside F.E.R.C.'s Gas Market Report, Destin will
use the posting published for the first of the month only. With
respect to Natural Gas Intelligence Gas Price Index, Destin will use
the weekly postings published during the month within the following
parameters. The first weekly posting to be used will be the first
issue of Natural Gas Intelligence Gas Price Index published during
the month. The last weekly posting to be used will be the last
issue of said publication published no later than two (2) business
days prior to the nomination deadline set forth in the currently
effective Volume No. 1 of Destin's FERC Gas Tariff for
transportation service for the first day of the following month.