Midwest Gas Storage, Inc.
First Revised Volume No. 1
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Effective Date: 05/15/1994, Docket: CP90-454-004, Status: Effective
Original Sheet No. 503 Original Sheet No. 503 : Effective
Sections 4.7 and 4.8 herein, the Mid-Continent Spot Price
shall be the average of the Dewey County, Oklahoma Spot
Price for Gas delivered to Panhandle from the table "Spot
Prices on Interstate Pipeline Systems" for deliveries
during the applicable Month in which the imbalance occurred
contained in the first issue of NATURAL GAS WEEK published
the following month. If the reported price referenced
above is not published for the Month required, Panhandle
shall determine the Mid-Continent Spot Price using another
publication that publishes the spot price for Gas.
1.13 The term "Midwest's Use" shall mean Midwest's compressor
fuel and lost-and-unaccounted for Gas attributable to
Storage of Gas for Shipper.
1.14 The term "Month" shall mean the period beginning at 12:00
noon, Eastern Time on the first Day of a calendar month and
ending at the same hour on the first Day of the next
succeeding calendar month.
1.15 The term "Monthly Contract Quantity" shall mean the
greatest number of Dths that Midwest is obligated to
deliver for or on behalf of Shipper during any Month of the
Winter Period provided that the Monthly Contract Quantity
in any Month of the Winter Period cannot be less than
sixteen percent (16%) of Shipper's Maximum Storage Quantity
and, further, provided that the sum of the Monthly Contract
Quantities for all Months of the Winter Period equals
Shipper's Maximum Storage Quantity.
1.16 The term "Point of Injection/Withdrawal" shall mean the
point(s) of interconnection specified in the Storage
Service Agreement between Midwest's facilities and those of
Panhandle Eastern Pipeline Company, or Indiana Gas Company.
1.17 The term "Reduction for Midwest's Use (%)" shall mean the
applicable Reduction for Midwest's Use (%), as specified in
the effective Statement of Rates which shall be an
allocable amount of fuel and lost and unaccounted for gas,
relative to the injection, withdrawal, and storage of Gas
as calculated by Midwest.