American Midstream (Midla), LLC
Sixth Revised Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 05/01/2010, Docket: RP10-483-000, Status: Effective
Original Sheet No. 152 Original Sheet No. 152
(b) Pricing for Cash Out
(i) With the exception of Midla's T-32 lateral, the index price used in the cash-out
procedures under Section 14.7(c) shall be the price per MMBtu equal to the "Bid Week"
price published for the month in which the imbalance occurred, as stated in Natural Gas
Week's "Gas Price Report for Louisiana, Gulf Coast, Onshore Spot, Delivered to
Pipeline". In the event that the prices published in Natural Gas Week are no longer
available or valid, the index price used in the calculation shall be equal to the prevailing
price reported in Inside FERC's Gas Market Report under the heading of "Index" for
"Southern Natural Gas Co. (Louisiana) for the first day of each month, or the earliest day
of such month if such price is not reported for the first day until Pipeline files to revise this
FERC Gas Tariff and may, in its reasonable judgment, select a representative price in
the interim subject to refund.
(ii) For the T-32 lateral, the index price used in the cash-out procedures under Section
14.7(c) shall be the price per MMBtu equal to a calculated weighted average cash-out
price on the T-32 lateral. For each month, the weighted average cash-out price shall be
determined by multiplying the applicable cash-out price of each upstream interconnecting
pipeline ("Upstream Pipeline")on the T-32 lateral by a percentage equal to the gas
volumes scheduled for delivery by the Pipeline into the T-32 lateral from such Upstream
Pipeline, divided by the total volumes scheduled for delivery into the T-32 lateral, and
then totaling the products obtained by such calculation for each such Upstream Pipeline
to arrive at the weighted average cash-out price for each billing month.
If no cash-out price is posted for an Upstream Pipeline in a particular month, Pipeline
shall use the index price as defined in Section 14.7(b)(i) above in the cash-out calculation
for the T-32 lateral.