Young Gas Storage Company, Ltd.
Original Volume No. 1
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Effective Date: 04/10/2002, Docket: CP93-541-012, Status: Effective
Fifth Revised Sheet No. 52B Fifth Revised Sheet No. 52B : Effective
Superseding: Substitute Fourth Revised Sheet No. 52B
GENERAL TERMS AND CONDITIONS
1.53 "Scheduled Quantity" shall mean the quantity of Gas Transporter has
determined it can inject or withdraw based on a Shipper's Nomination
on a designated Gas Day subject to Transporter's available storage
capacity. Such quantities shall be determined pursuant to the
provisions of these General Terms and Conditions and are subject to
final Confirmation. Transporter's Scheduled Quantity reports
provided via EDM shall conform to the requirements of the Data
Dictionary Standards as set forth in GISB Standard 1.4.5.
1.54 "Shipper" shall mean that Party on whose behalf Gas is being stored.
1.55 "Standard Quantity" as used in Nominations, Confirmations and
Scheduling shall mean the Dekatherms per Gas Day in the United
States, gigajoules per Gas Day in Canada and gigacalories per Gas
Day in Mexico. (For reference, 1 Dekatherm = 1,000,000 Btus; 1
gigajoule is 1,000,000,000 joules; and 1 gigacalorie = 1,000,000,000
calories.) For commercial purposes, the standard conversion factor
between Dekatherms and gigajoules is 1.055056 gigajoules per
Dekatherm and between Dekatherms and gigacalories is 0.251996
gigacalories per Dekatherm. The standard Btu is the International
Btu, which is also called the Btu (IT); the standard joule is the
joule specified in the SI system of units. The International Btu is
specified for use in the Gas measurement standards of the American
Gas Association, the American Petroleum Institute, the Gas
Processors Association and the American Society for Testing
Materials. For non-commercial purposes, these associations note that
the exact conversion factor is 1.05505585262 gigajoules per
Dekatherm. (GISB Standard 1.3.14)
1.56 "Storage Field" shall mean the storage facilities and reservoirs
utilized by Transporter to provide Storage Service.
1.57 "Storage Service" shall consist of the acceptance by Transporter of
Gas Tendered by Shipper at the Point of Injection, the injection of
such Gas for storage for Shipper's account, the inventorying of such
Gas in Transporter's Storage Field, and the withdrawal of such Gas
for Shipper's account at the Point of Withdrawal.
1.58 "Storage Year" shall mean the period commencing June 1 of each year
and ending on May 31 of the next succeeding year.