Rate Schedule DEX-1 Service Agreement

Contract No. 144763

 

THIS SERVICE AGREEMENT (Agreement) by and between Northwest Pipeline LLC (Transporter) and Castleton Commodities Merchant Trading L.P. (Shipper) is made and entered into on July 09, 2022.

 

WHEREAS:
  1. Shipper will transfer 275,000 DT from its Clay Basin storage agreement to Transporter's storage agreement.Transporter will make volume up to 5,000 DT/per day available on a best-efforts basis with all volumes withdrawn by 3/31/2023 per the terms of the capacity offering. 

 

 

THEREFORE, in consideration of the premises and mutual covenants set forth herein, Transporter and Shipper agree as follows:

  1. Tariff Incorporation. Rate Schedule DEX-1 and the General Terms and Conditions (GT&C) that apply to Rate Schedule DEX-1, as such may be revised from time to time in Transporter's FERC Gas Tariff (Tariff), are incorporated by reference as part of this Agreement, except to the extent that any provisions thereof may be modified by non-conforming provisions herein.
  2. Deferred Storage Exchange Service. Subject to the terms, conditions, and limitations hereof and of Rate Schedule DEX-1, Shipper agrees to deliver to Transporter, and Transporter agrees to deliver to Shipper, the Deferred Exchange Quantity listed on Exhibit A. Shipper will deliver the Deferred Exchange Quantity to Transporter by an in-ground transfer on a date mutually agreed to by Shipper and Transporter at the Target Storage Facility shown on Exhibit A. Transporter will deliver the Deferred Exchange Quantity to Shipper during the Deferred Exchange Period at the Daily Delivery Quantity and at the Deferred Exchange Storage Facility as shown on Exhibit A.
  3. Deferred Exchange Rates. Shipper agrees to pay Transporter for all services rendered under this Agreement at the rates set forth or referenced herein. The Maximum Base Tariff Rates (Recourse Rates) set forth in the Statement of Rates in the Tariff, as revised from time to time, that apply to Rate Schedule DEX-1 will apply to service hereunder unless and to the extent that discounted Recourse Rates apply as set forth on Exhibit A or negotiated rates apply as set forth on Exhibit D.
  4. Service Term. This Agreement becomes effective on the effective date set forth on Exhibit A and terminates upon the termination date set forth on Exhibit A. The schedule for the deferred exchange of storage gas herunder is set forth on Exhibit A.
  5. Non-Conforming Provisions. All aspects in which this Agreement deviates from the Tariff, if any, are set forth as non-conforming provisions on Exhibit B. If Exhibit B includes any material non-conforming provisions, Transporter will file the Agreement with the Federal Energy Regulatory Commission (Commission) and the effectiveness of such non-conforming provisions will be subject to the Commission acceptance of Transporter's filing of the non-conforming Agreement.
  6. Exhibit / Addendum to Service Agreement Incorporation. Exhibit A is attached hereto and incorporated as part of this Agreement. If any other Exhibits apply, as noted on Exhibit A to this Agreement, then such Exhibits also are attached hereto and incorporated as part of this Agreement. If an Addendum to Service Agreement has been generated pursuant to Section 11.5 of the GT&C of the Tariff, it also is attached hereto and incorporated as part of this Agreement.
  7. Regulatory Authorization. Transportation service under this Agreement is authorized pursuant to the Commission regulations set forth on Exhibit A.
  8. Superseded Agreements. When this Agreement takes effect, it supersedes, cancels and terminates the following agreement(s): None, but the following Amendments and/or Addendum to Service Agreement which have been executed but are not yet effective are not superseded and are added to and become an Amendment and/or Addendum to this agreement: None
IN WITNESS WHEREOF, Transporter and Shipper have executed this Agreement as of the date first set forth above.
  
Castleton Commodities Merchant Trading L.P. Northwest Pipeline LLC
By: /S/ By: /S/
Name: CRAIG DUKE Name: GARY VENZ
Title: V.P GAS TRADING Title: Director Commercial Services

 

EXHIBIT A

Dated July 09, 2022, Effective November 01, 2022

to the

Rate Schedule DEX-1 Service Agreement

(Contract No. 144763)

between Northwest Pipeline LLC

and Castleton Commodities Merchant Trading L.P.

 

SERVICE DETAILS

  1. Quantity (Dth):
    1. Deferred Exchange Quantity 275,000 Dth
    2. Daily Delivery Qty 5,000 Dth per day
  2. Exchange Point(s):
    1. Target Storage Facility:CLAY BASIN DELIVERY
    2. Deferred Exchange Storage Facility:JACKSON PRAIRIE STORAGE
  3. Exchange Schedule:
    1. Transfer Date: July 09, 2022
    2. Deferred Exchange Period: from November 01, 2022 to March 31, 2023
  4. Agreement Termination Date: March 31, 2023
  5. Rate (per Dth of Deferred Exchange Quantity): Maximum Base Tariff Rate, plus applicable surcharges
  6. Fuel Reimbursement Waiver under Section 4 of Rate Schedule DEX-1: Yes
  7. Regulatory Authorization: 18 CFR 284.223
  8. Additional Exhibits:

    Exhibit B No

    Exhibit D No