Algonquin Gas Transmission, LLC

Fifth Revised Volume No. 1

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Effective Date: 11/30/2009, Docket: RP10-77-000, Status: Effective

First Revised Sheet No. 586 First Revised Sheet No. 586

Superseding: Original Sheet No. 586

 

GENERAL TERMS AND CONDITIONS

(continued)

 

29. OPERATIONAL FLOW ORDERS (continued)

 

29.4 Compensation. On the invoice for the Month in which this Section 29 was invoked,

Customer shall receive a credit equal to the product of the volume in Dth of Customer's

gas retained by Algonquin for each Day pursuant to this Section 29 multiplied by the

Midpoint price for the "AGT Citygate" Gas Daily posting on that Day.

 

30. OPERATIONAL BALANCING AGREEMENTS

 

30.1 General. Any imbalances arising under any transportation agreement at Points of

Receipt into Algonquin's system, or at Points of Delivery from Algonquin's pipeline

system, which Points of Receipt or Points of Delivery are subject to Operational

Balancing Agreements as more fully described in Section 30.2 below, on the Day or Days

such imbalances arise, will be resolved by Algonquin pursuant to the terms of the

applicable Operational Balancing Agreement.

 

30.2 Terms Governing. For the purpose of minimizing operational conflicts between various

natural gas facilities with respect to the delivery of gas to and from Algonquin's

facilities, Algonquin is willing to negotiate and execute Operational Balancing

Agreements with appropriate parties that operate natural gas facilities interconnecting

with Algonquin's system (any such party referred to as "Operator" herein). Such

Operational Balancing Agreements shall specify the gas custody transfer procedures to

be followed by Algonquin and Operator for the confirmation of scheduled quantities to

be received by Algonquin at Points of Receipt and delivered by Algonquin at Points of

Delivery. Such Operational Balancing Agreements will provide that any variance between

actual quantities and scheduled and confirmed quantities for any Day shall be resolved

in-kind promptly, or pursuant to such cash out provisions as Algonquin and the Operator

may agree upon. To facilitate such determination of variances on a timely basis,