Petal Gas Storage Company
First Revised Volume No 1
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Effective Date: 06/01/1998, Docket: RP97-280-001, Status: Effective
First Revised Sheet No. 101 Petal Gas Storage Company: First Revised Volume No 1
First Revised Sheet No. 101 : Superseded
Superseding: Original Sheet No. 101
GENERAL TERMS AND CONDITIONS
1. INTRODUCTORY STATEMENT
Except where expressly stated otherwise, the General Terms and
Conditions of Petal's currently effective FERC Gas Tariff shall apply
to all natural gas storage service rendered by Petal under any storage
service agreement, including, but not limited to, service under the FSS
Rate Schedule and the ISS Rate Schedule.
2.1 Bcf means one billion (1,000,000,000) cubic feet.
2.2 Btu means one British Thermal Unit, and shall be the amount of
heat required to raise the temperature of one (1) pound of water
one degree Fahrenheit at sixty degrees Fahrenheit (Btu is measured
on a dry basis at 14.73 dry psia).
2.3 Business Day shall mean Monday through Friday, excluding Federal
Banking Holidays for transactions in the United States, and
similar holidays for transactions in Canada and Mexico.
2.4 Contract Year shall mean the twelve (12) month period beginning
on the date storage service under a storage agreement commences
and each subsequent twelve month period thereafter during the term
of the agreement.
2.5 A cubic foot of gas equals the volume of gas that occupies one
cubic foot at a temperature of 60 degrees F and a pressure of
14.73 dry psia. Mcf means one thousand (1,000) cubic feet and
MMcf means one million (1,000,000) cubic feet.
2.6 Customer means the party that holds all lawful right and title to
the natural gas that is being stored and who executes the storage
2.7 Customer's stored gas or gas stored means the quantity of gas
stored by Petal for Customer's account.