Nautilus Pipeline Company, LLC

Original Volume No. 1

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Effective Date: 04/05/2010, Docket: RP10-475-000, Status: Effective

Second Revised Sheet No. 167 Second Revised Sheet No. 167

Superseding: First Revised Sheet No. 167

 

GENERAL TERMS AND CONDITIONS

 

 

20. RESOLUTION OF IMBALANCES con't

 

(f) The provisions of Section 8 shall apply to payments due

pursuant to subsection 20.2(c) or (d).

 

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

individual NMI, Transporter will post on Transporter's

Internet Web Site daily by Transportation Service Agreement

an Estimated Net Imbalance calculated as above with the data

available then to date.

 

 

20.3 Trading Service

 

On or before the tenth (10th) Business Day following the end of a

Month, Transporter shall post on its Internet Web Site the Net

Monthly Imbalance accrued by each Shipper hereunder during the

previous Month. After the NMI are posted, Shippers will have five

(5) Business Days (Trading Period) within which to trade

offsetting NMI. Both Shippers that agree to trade all or part of

their NMI must notify Transporter's Transportation Service

Department in writing on the form of Confirmation Of Agreement to

Trade Imbalances by 5:00 p.m. Central Clock Time on the last Day

of the Trading Period, otherwise the trade will not be effective.