Maritimes & Northeast Pipeline, L.L.C.
First Revised Volume No. 1
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Effective Date: 08/01/2010, Docket: RP10-948-000, Status: Effective
Sub Third Revised Sheet No. 295 Sub Third Revised Sheet No. 295
Superseding: Sub Second Revised Sheet No. 295
GENERAL TERMS AND CONDITIONS
20. FUEL RETAINAGE QUANTITY (continued)
20.3 Projected FRP. With each filing hereunder for each
specified calendar period Pipeline shall calculate a
Projected FRP as the quotient obtained by dividing (a) the
projected annual quantities of Company Use Gas for each
specified calendar period by (b) the projected annual
throughput for each specified calendar period.
20.4 True Up.
(a)FRQ Deferred Account. Pipeline shall record in the FRQ
Deferred Account the net monetary value of all cash
transactions involving gas differences as a result of the
operation of this Section 20, the imbalance resolution
procedures of Section 11 of the GT&C, and Sections 8.6, 8.7
and 10 of Rate Schedule MNPAL, as well as other requirements
for Pipeline's purchase or sale of gas for the purpose of
maintaining the operational integrity or reliability of
Pipeline's system. The FRQ Deferred Account shall be
accumulated in twelve-month accumulation periods, August 1
through July 31.
(b)Disposition of Gas Differences. At Pipeline's discretion
quantities of gas required to support under-realization of in-
kind compensation may be obtained by Pipeline from gas
available as a result of the operation of the imbalance
resolution procedures contained in Section 11 of the GT&C, by
means of purchase arrangements available to Pipeline, or from
other sources. At Pipeline's discretion, quantities of gas
available to Pipeline as a result of over-realization of in-
kind compensation may be utilized for any system needs or may
be disposed of in accordance with the provisions of Section
11.7A of the GT&C.