Black Marlin Pipeline Company
First Revised Volume No. 1
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Effective Date: 11/01/2002, Docket: RP02-568-001, Status: Effective
Substitute Original Sheet No. 224 Substitute Original Sheet No. 224 : Effective
Superseding: Original Sheet No. 224
f. If Natural Gas Intelligence ceases publication of the spot prices prescribed in
Sections 21.2.d and 21.2.e above, Transporter will file a substitute index with the
Commission within thirty (30) days after the prescribed spot prices become
unavailable, and the substitute spot prices will be used for all cash-outs effective
as of the date the prescribed spot prices became unavailable for establishing a
cash-out price.
21.3 Managing Imbalances
Transporter shall endeavor to provide operational data to Shipper on Transporter's internet
website within five (5) working days after the day of gas flow in an effort to assist
Shipper in managing any imbalances that may occur between gas receipts and deliveries and
between nominations and actuals. In determining the cash-out charges applicable under
Section 21.2.b above, Transporter will utilize actual flow quantities or, if actual flow
quantities are not available at the time of billing, the reasonable estimates, whichever
results in a lower Underage or Overage Imbalance Level, for the purpose of selecting the
appropriate imbalance index percentage.
21.4 Prior-Period Adjustments
Any imbalances for a month that are booked after the transportation for that month has been
billed as a result of receiving actual or corrected flow information will be cashed-out at
one hundred per cent (100%) of the Underage or Overage Index Price in effect during the
month the imbalance occurred, as appropriate.
21.5 Purchase and Sale of Gas
Transporter is not providing a supply service under any rate schedule of this FERC Gas
Tariff. Without limitation of the foregoing, Transporter may buy and sell gas to the extent
necessary to maintain system pressure, to implement the cash-out procedures under this
Section 21, and to perform other functions in connection with providing transportation
service. Nothing herein will be deemed to impose on Transporter any obligation to provide a
sale and purchase service to any of its Shippers.
21.6 Cash-Out Revenues
Transporter will refund or carry forward, for each calendar year, any difference between the
revenues received by Transporter and the costs incurred by Transporter as a result of
cashing-out Shipper imbalances. To the extent the difference between costs and revenues
during any calendar year is less than Four Hundred Thousand Dollars ($400,000), Transporter
shall carry forward the difference to the next calendar year. To the extent the difference
is greater than For Hundred Thousand Dollar ($400,000), Transporter shall refund or invoice
each Shipper in proportion to such Shipper's use of Transporter's system during such
calendar year within one hundred twenty (120) days after the end of the calendar year. Any
such difference, whether a positive or negative, shall include interest at the rate set
forth in Section 154.501 of the Commission's regulations.