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Exhibit 10.22
SERVICE AGREEMENT UNDER RATE SCHEDULE GSS
THIS AGREEMENT entered into this first day of October, 1993, by and
between TRANSCONTINENTAL GAS PIPE LINE CORPORATION, a Delaware corporation,
hereinafter referred to as "Seller", first party, and, PIEDMONT NATURAL GAS
COMPANY, INC., a(n) North Carolina corporation, hereinafter referred to as
"Buyer", second party,
W I T N E S S E T H:
WHEREAS, Buyer desires to purchase and Seller desires to sell natural gas
storage service under Seller's Rate Schedule GSS as set forth herein; and
WHEREAS, Seller and Consolidated Natural Gas Transmission Corporation
("CNG") have entered into an agreement providing for underground natural gas
storage service by CNG for Seller; and
WHEREAS, pursuant to the terms of the Joint Stipulation approved by the
Commission's Order dated July 16, 1993 in Docket Nos. RS92-86-003,
RP92-108-000, and RP92-137-000 which amended Seller's Certificate in Docket No.
CP61-194, Seller and Buyer agree to a twenty year contract term for the Storage
Demand Quantity and Storage Capacity Quantity set forth in Article I hereof;
NOW THEREFORE, Seller and Buyer agree as follows:
ARTICLE I
SERVICE TO BE RENDERED
Subject to the terms and provisions of this agreement and of Seller's Rate
Schedule GSS, Seller agrees to receive from Buyer for storage, inject into
storage for Buyer's account, store, withdraw from storage (or cause to be
injected into storage for Buyer's account, stored, and withdrawn from storage)
and deliver to Buyer, quantities of natural gas as follows:
To withdraw from storage or cause to be withdrawn from storage, the
gas stored for Buyer's account up to a maximum quantity in any day of
37,486 Mcf, which quantity shall be Buyer's Storage Demand.
To receive and store or cause to be stored up to a total quantity at
any one time of 2,l97,887 Mcf, which quantity shall be Buyer's Storage
Capacity Quantity.
ARTICLE II
POINT OF DELIVERY
The Point or Points of Delivery for all natural gas delivered
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SERVICE AGREEMENT UNDER RATE SCHEDULE GSS
(Continued)
ARTICLE II
POINT OF DELIVERY
(Continued)
by Seller to Buyer under this agreement shall be at or near:
(1) Anderson Meter Station, located at milepost 1162.72 on
Seller's main transmission line in Xxxxxxxx County, South
Carolina, approximately 3.5 miles southeasterly from Anderson,
South Carolina, on County Road near Broadway Lake.
(2) Charlotte Meter Station, located at milepost 1287.10 on
Seller's main transmission line in Iredell County, North
Carolina, adjoining Seller's Compressor Station No. 150 site
near Davidson, North Carolina.
(3) Greensboro Meter Station, located at milepost 1355.06 on
Seller's main transmission line in Guilford County, North
Carolina, approximately 12 miles southwesterly from
Greensboro, North Carolina, near the intersection of State
Xxxxxxx #000 xxx Xxxxx Xxxxxxx #00.
(4) Greenville Meter Station, located at milepost 1183.96 on
Seller's main transmission line in Greenville County, South
Carolina, approximately 17 miles southeasterly from
Greenville, South Carolina, on County Road near Woodville,
South Carolina.
(5) Iva-Starr Meter Station, located at milepost 1159.01 on
Seller's main transmission line, approximately 4 miles south
of Anderson, Xxxxxxxx County, South Carolina.
(6) Xxxxx-Xxxxxxx Meter Station, located at milepost 1159-01 on
Seller's main transmission line approximately 4 miles south of
Anderson, South Carolina, near the juncture of Xxxxx Xxxxxxxx
Xxxxxxx #00 and #811.
(7) Salisbury Meter Station, located at milepost 1308.45 on
Seller's main transmission line in Rowan County, North
Carolina, approximately 6 miles northwesterly from Salisbury,
North Carolina, near U.S. Highway #70.
(8) Simpsonville Meter Station, located at milepost 1190.00 on
Seller's main transmission line on X.X. Xxxxxxx Xx. 000,
approximately 1.75 miles northwesterly from Fountain Inn,
Greenville County, South Carolina.
(9) Spartanburg Meter Station, located at milepost 1214.34 on
Seller's main transmission line in Xxxxxxxxxxx Xxxxxx,
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Xxxxx Xxxxxxxx, approximately 3.5 miles southeasterly from
Spartanburg, South Carolina on State Highway #56.
(10) Startex Meter Station, located in Spartanburg County, South
Carolina, approximately 7.5 miles south of Spartanburg, South
Carolina, on Compressor Station No. 140 Site.
(11) Winston-Salem Meter Station, located at milepost 1340.48 on
Seller's main transmission line in Davidson County, North
Carolina, approximately 8 miles southeasterly from
Winston-Salem, North Carolina, near Wallburg, North Carolina.
(12) Woodruff Meter Station, located at milepost 1198.97 on
Seller's main transmission line on Xxxxx Xxxxxxx Xx. 000,
approximately 5.5 miles northwesterly from Woodruff,
Spartanburg County, South Carolina.
(13) Belton Meter Station, located at milepost 1171.30 on Seller's
main transmission line in Xxxxxxxx County, South Carolina,
near the city of Belton, South Carolina.
(14) Greenwood Meter Station, located at the point of connection of
Seller's facilities and those of the City of Greenwood, South
Carolina on Seller's main transmission line approximately 2
miles northeast of the City of Xxxxxx, Xxxxxxxx County, South
Carolina.
(15) Stokesdale Meter Station, located at milepost 1359.63 on
Seller's main transmission line in Guilford County, North
Carolina, near the city of Stokesdale, North Carolina.
(16) Kernersville Meter station, located at milepost 1348.86 on
Seller's main transmission line near Kernersville, Forsyth
County, North Carolina.
(17) Cowpens Meter Station, located at milepost 1222.66 on Seller's
main transmission line near Cowpens, Cherokee County, South
Carolina.
(18) Inman Meter Station located on Seller's Mill Spring Extension
at approximately milepost 15.16 in Spartanburg County, South
Carolina.
(19) Landrum Meter Station, located on Seller's Mill Spring
Extension at approximately milepost 23.81 in Spartanburg
County, South Carolina.
(20) Hickory Meter Station, located at milepost 1269.23 on Seller's
main transmission line near Stanley, North Carolina.
(21) Lowesville Meter Station, located on Seller's Maiden
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Extension at approximately milepost 0.18 at the intersection
of State Highway Nos. 1394 and 73 in Lincoln County, North
Carolina.
(22) Maiden Meter Station, located on Seller's Maiden Extension at
approximately milepost 17.76 near the intersection of State
Highway Nos. 1882 and 1883 in Catawba County, North Carolina.
(23) Xxxxx Meter Station, located at milepost 1205.89 on Seller's
main transmission line on the side of Seller's Compressor
Xxxxxxx Xx. 000, Xxxxxxxxxxx Xxxxxx, Xxxxx Xxxxxxxx.
(24) Xxxxxxx-Xxxx Meter Station, located at milepost 1312.72 on
Seller's main transmission line in Rowan County, North
Carolina, near the intersection of State Highway 601 and Young
Road.
(25) West Startex Meter Station, located adjacent to Seller's Mill
Spring Extension in Spartanburg County, South Carolina
approximately 6.0 miles from Seller's Compressor Station No.
140.
OTHER
The point of connection of Seller's facilities and those of Duke Power
Company adjacent to Seller's main transmission line at milepost 1175.55, in
Xxxxxxxx County, South Carolina, for delivery of gas to the Xxxx Xxx Meter
Station.
ARTICLE III
DELIVERY PRESSURE
Seller shall deliver natural gas to Buyer at the Point(s) of Delivery at a
pressure(s) of: not less than fifty (50) pounds per square inch gauge, or as
such other pressures as may be agreed upon in the day-to-day operations of
Buyer and Seller.
ARTICLE IV
TERM OF AGREEMENT
This agreement shall be effective October 1, 1993 and shall remain in
force and effect through March 31, 2013.
ARTICLE V
RATE SCHEDULE AND PRICE
Buyer shall pay Seller for natural gas service rendered hereunder in
accordance with Seller's Rate Schedule GSS and the applicable provisions of the
General Terms and Conditions of Seller's FERC Gas Tariff as filed with the
Federal Energy
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Regulatory Commission, and as the same may be amended or superseded from time
to time at the initiative of either party. Such rate schedule and General
Terms and Conditions are by this reference made a part hereof.
ARTICLE VI
MISCELLANEOUS
1. The subject headings of the Articles of this agreement are inserted
for the purpose of convenient reference and are not intended to be a part of
this agreement nor to be considered in any interpretation of the same.
2. This agreement supersedes and cancels as of the effective date hereof
the following contract:
None. Service Agreement dated April 13, 1972 expired on April 1, 1992.
3. No waiver by either party of any one or more defaults by the other in
the performance of any provisions of this agreement shall operate or be
construed as a waiver of any future default or defaults, whether of a like or
different character.
4. This agreement shall be interpreted, performed and enforced in
accordance with the laws of the State of North Carolina.
5. This agreement shall be binding upon, and inure to the benefit of the
parties hereto and their respective successors and assigns.
IN WITNESS WHEREOF, the parties hereto have caused this agreement to be
signed by their respective Presidents or Vice Presidents thereunto duly
authorized and have caused their respective corporate seals to be hereunto
affixed and attested by their respective Secretaries or Assistant Secretaries
the day and year above written.
ATTEST: TRANSCONTINENTAL GAS PIPE LINE CORPORATION
/s/ Xxxxx X. Xxxxxx By: /s/ Xxxxxx X. Xxxxxx
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Ast. Secretary Xxxxxx X. Xxxxxx
Senior Vice President
Transportation and Customer Services
ATTEST: PIEDMONT NATURAL GAS COMPANY, INC.
/s/ Xxxxxx X. Xxxxxxxxxx By: /s/ X. X. Xxxxxxx
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Secretary Title Vice President
