Tennessee Gas Pipeline Company
FIFTH REVISED VOLUME NO. 1
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Effective Date: 10/01/2003, Docket: RP00-477-005, Status: Effective
Sixth Revised Sheet No. 207A Sixth Revised Sheet No. 207A : Effective
Superseding: Fourth Revised Sheet No. 207A
Schedule LMS - MA
Load Management Service - Market Area (continued)
(iv) For delivery points, the Market Area Region Price ("MARP") will be
calculated weekly and will be the volumetric weighted average price based
on the general system deliverability on Transporter's system from the
Receipt Regions as defined in Rate Schedule LMS-PA and the applicable
Region Prices for those Receipt Regions. The general system
deliverability will be updated on January 1 and July 1 of every year. The
MARP will be posted on PASSKEY within a reasonable time after receipt of
Natural Gas Week's "Gas Price Report."
(v) If Natural Gas Week's "Gas Price Report" is no longer published,
Transporter and parties to OBAs shall meet to undertake to agree upon
alternative spot price indices.
(vi) The amounts due hereunder shall be paid in accordance with Articles V and
VI of the General Terms and Conditions of Transporter's FERC Gas Tariff.
(vii) (A) The Balancing Party (hereinafter referred to as the "Party") and
Transporter shall "cash out" the actual monthly imbalance at the
applicable market area price described below.
For each month, the monthly "Low Price" or "LP" for the Market Area
shall be established by taking the lowest weekly MARP established for
the Market Area applicable to the month.
For each month, the monthly "High Price" or "HP" for the Market Area
shall be established by taking the highest weekly MARP established
for the Market Area applicable to the month.
For each month, the monthly "Average Price" or "AP" for the Market
Area shall be determined by taking the simple arithmetic average of
the weekly MARP figures established for the Market Area applicable to