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Panhandle Eastern Pipe Line Co.; Proposed Changes in FERC Gas Tariff March 2, 1994. Take notice that on February 18, 1994, Panhandle Eastern Pipe Line Company (Panhandle) tendered for filing as part of its FERC Gas Tariff, First Revised Volume No. 1 and Original Volume No. 2, revised tariff sheets as reflected on Appendix A to the filing. The subject tariff sheets bear an issue date of February 28, 1994 and a proposed effective date of April 1, 1994. Panhandle states that this filing is necessary to recover a portion of certain additional take-or-pay settlement and contract reformation costs in accordance with the Commission's Order No. 528 cost-sharing and recovery mechanism. The proposed tariff sheets reflect a volumetric surcharge of 0.19 cents per Dt. to effectuate the recovery of 75% of approximately $2.4 million of take-or-pay settlement and contract reformation costs related to gas purchase arrangements with various producer suppliers. Panhandle proposes to recover these amounts over a two year period commencing April 1, 1994 and terminating on March 31, 1996. The volumetric surcharge is applicable to all volumes transported by Panhandle (including volumes transported under Storage Related Transportation), with two limited exceptions. The volumetric surcharge on transportation volumes shall not be applied to:

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