PipeRiv
Quick Links
Data Feeds
Directory
News
Tools
Reminder: Minimum Turnover Obligation for Nov 1 through Apr 15
Eastern Gas Transmission and Storage 1mo ago
All information here is provided as a service and information is not guaranteed to be accurate. PipeRiv is not responsible for any incorrect information.
Page 1
TSP
N
ame / TSP:
EASTERN
GAS TRANSMISSION AND STORAGE INC (116025180)
C
ritical:
Y
N
otice E Date:
11
/01/2024
P
osting Date:
10
/17/2024
N
otice E Time:
09
:00 AM
P
osting Time:
01
:13 PM
N
otice Stat Desc:
I
nitiate
N
otice ID:
1002871
P
rior Notice:
N
otice Type Desc:
S
torage
R
eqrd Rsp Desc:
N
o response required
R
esponse Date:
R
esponse Time:
S
ubject:
R
eminder: Minimum Turnover Obligation for Nov 1 through Apr 15
N
otice Text:
A
s specified in the Eastern Gas Transmission and Storage, Inc. (EGTS) FERC Gas Tari , each storage customer under both Rate Schedules GSS and GSS-E must
withdraw a certain amount of gas between November 1 of the calendar year and April 15 of the succeeding year. This Minimum Turnover Obligation (MTO) volume can
be calculated by taking the beginning inventory on November 1 and subtracting 35% of the total capacity.
T
he MTO may also be a ected by capacity releases (See Section 23, Tari Record 40.30.1, of the General Terms and Conditions of EGTS' FERC Gas Tari ) or by storage
inventory transfers (See Section 34.4, Tari Record 40.41, of the General Terms and Conditions of EGTS' FERC Gas Tari ).
MTO
example:
GSS
K #3333
e ective November 1
S
torage Capacity: 10,000 Dt
S
torage Gas Balance as of November 1: 5,000 Dt
C
alculated as follows:
N
ovember 1 Storage Gas Balance: 5,000 Dt
L
ess: 35% x 10,000 Dt Storage Capacity = 3,500 Dt
Page 2
M
inimum Turnover Obligation = 1,500 Dt
T
he MTO must be met by April 15 of the succeeding year. Failure to do so may result in a charge as described in Section 35.3.D, Tari Record 40.42, of the General
T
erms and Conditions of EGTS' FERC Gas Tari .
I
f you have any questions, please contact your Customer Transportation Representative or Interstate Marketing Manager.
EASTERN GAS TRANSMISSION AND STORAGE INC (116025180)
Critical:
Y
Notice E Date:
11/01/2024
Posting Date:
10/17/2024
Notice E Time:
09:00 AM
Posting Time:
01:13 PM
Notice Stat Desc:
Initiate
Notice ID:
1002871
Prior Notice:
Notice Type Desc:
Storage
Reqrd Rsp Desc:
No response required
Response Date:
Response Time:
Subject:
Reminder: Minimum Turnover Obligation for Nov 1 through Apr 15
Notice Text:
As specified in the Eastern Gas Transmission and Storage, Inc. (EGTS) FERC Gas Tari , each storage customer under both Rate Schedules GSS and GSS-E must
withdraw a certain amount of gas between November 1 of the calendar year and April 15 of the succeeding year. This Minimum Turnover Obligation (MTO) volume can
be calculated by taking the beginning inventory on November 1 and subtracting 35% of the total capacity.
The MTO may also be a ected by capacity releases (See Section 23, Tari Record 40.30.1, of the General Terms and Conditions of EGTS' FERC Gas Tari ) or by storage
inventory transfers (See Section 34.4, Tari Record 40.41, of the General Terms and Conditions of EGTS' FERC Gas Tari ).
MTO example:
GSS K #3333 e ective November 1
Storage Capacity: 10,000 Dt
Storage Gas Balance as of November 1: 5,000 Dt
Calculated as follows:
November 1 Storage Gas Balance: 5,000 Dt
Less: 35% x 10,000 Dt Storage Capacity = 3,500 Dt
Page 1
Minimum Turnover Obligation = 1,500 Dt
The MTO must be met by April 15 of the succeeding year. Failure to do so may result in a charge as described in Section 35.3.D, Tari Record 40.42, of the General
Terms and Conditions of EGTS' FERC Gas Tari .
If you have any questions, please contact your Customer Transportation Representative or Interstate Marketing Manager.
Page 2