Garden Banks Gas Pipeline, LLC

Original Volume No. 1

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Effective Date: 05/10/2010, Docket: RP10-594-000, Status: Effective

Fifth Revised Sheet No. 88 Fifth Revised Sheet No. 88

Superseding: Fourth Revised Sheet No. 88

 

GENERAL TERMS AND CONDITIONS

 

13. RESOLUTION OF IMBALANCES

 

13.1 Responsibility to Control Imbalances:

 

(a) A Shipper receiving any transportation service from

Transporter will use, or will cause any party delivering or

receiving Shipper's gas to use, all reasonable efforts to

ensure that receipts and deliveries of gas are equal to

Shipper's scheduled quantities at the Receipt and Delivery

Point(s) pursuant to Shipper's Transportation Service

Agreement(s).

 

(b) Transporter will use all reasonable efforts to ensure that

delivery of gas pursuant to its Transportation Service

Agreement(s) is equal to Shipper's scheduled quantities at

the Delivery Point(s).

 

(c) To aid Shippers in managing the magnitude of their

individual Net Monthly Imbalance, Transporter will post

daily on its Interactive Internet Website an Estimated Net

Imbalance by Transportation Service Agreement calculated as

described in Section 13.2 with the most current data

available for the month.

 

13.2 Resolution of Monthly Imbalances:

 

All imbalances accrued by Shipper under its Transportation Service

Agreements shall be resolved on a monthly basis pursuant to the

provisions herein. Transporter will calculate, for each

Transportation Service Agreement, the imbalance which exists

between (i) the summation of the quantities of gas allocated each

day to Shipper for its accounts at the Delivery Point(s) during

the month and (ii) the summation of the quantities of gas

allocated each day to Shipper for its accounts at the Receipt

Point(s) during the month. All such imbalances ("overdeliveries"

if positive value and "underdeliveries" if negative value) accrued

by Shipper under each of its Transportation Service Agreements

will be combined to derive a "Net Monthly Imbalance" (in Dth).