Kinder Morgan Illinois Pipeline LLC

Original Volume No. 1

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Effective Date: 12/01/2007, Docket: RP08- 34-000, Status: Effective

Original Sheet No. 151 Original Sheet No. 151 : Effective

 

 

GENERAL TERMS AND CONDITIONS

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(a) The third party provider(s) must obtain all

requisite regulatory approvals of any service (certification,

approval of tariffs, establishment of rates, etc.) which is being

relied upon to perform the imbalance management;

 

(b) The Third Party Balancing Agreement must be

executed by KMIP, the firm Shipper and any third party performing

imbalance management. The Third Party Balancing Agreement must allow

the third party imbalance management to be integrated into KMIP's

operations.

 

(1) KMIP must have the right to call on the

third party provider(s) for the agreed imbalance management on short

notice, within defined parameters, to effectuate necessary

operational changes.

 

(2) KMIP must be given timely notice of the

nature and level of the imbalance management being provided by the

third party provider(s) pursuant to the Third Party Balancing

Agreement on any Day.

 

(3) The Third Party Balancing Agreement must:

(i) define the operational changes the third party provider(s)

will effectuate to offset the operational effects on KMIP of

imbalances at points on the system covered by the Third Party

Balancing Agreement; and (ii) identify the resources or services

which the third party provider(s) will utilize to implement such

changes.

 

(4) Any third party providing imbalance

management must be able to deliver or receive gas, as applicable, at

the prevailing operating pressure on KMIP's system at the relevant

point(s) and the Third Party Balancing Agreement must so specify.

 

(c) The Third Party Balancing Agreement shall specify

the firm Agreements and the points to be balanced and must set out

the agreement of the parties as to how imbalances are to be

allocated to and accounted for at the point(s) covered by the Third

Party Balancing Agreement and any limitations on the level of

imbalances to be managed under the Third Party Balancing Agreement.