B-R Pipeline Company
Original Volume No. 1
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Effective Date: 05/01/2004, Docket: RP04-224-000, Status: Effective
Original Sheet No. 27 Original Sheet No. 27 : Effective
GENERAL TERMS AND CONDITIONS
1. DEFINITIONS (Continued)
1.33 Negotiated Rate: A rate or formula for computing a rate for Part
284 service which may be greater than, equal to or less than the Recourse
Rate, but which may not be less than the Minimum Currently Effective Rate
as set forth on Sheet No. 4. A Negotiated Rate must be
mutually agreed upon by Transporter and Shipper and may be based on a
rate design other than straight fixed-variable.
1.34 Netting is the term used to describe the process of resolving
for a Service Requester with an Operational Impact Area. There are two
types of Netting:
- summing is the accumulation of all imbalances above any applicable
tolerances for a Service Requester or agent.
- offsetting is the combination of positive and negative imbalances
above any applicable tolerances for a Service Requester or agent. NAESB
1.35 Nomination: A Shipper's specification of natural gas volumes to be
transported for a specified duration pursuant to an executed Service
1.36 Nominating Party: The person or party designated by Shipper to
communicate Shipper's nominations to Transporter.
1.37 Operational Balancing Agreement ("OBA"): "An OBA is a contract
between two parties which specified the procedures to manage operating
variances at an interconnect." NAESB Definition 2.2.1.
1.38 Operational Impact Area is the term used to describe a
Transportation Service Provider's designation of the largest possible area(s)
on its system in which imbalances have a similar operational effect.
NAESB Definition 2.2.2.
1.39 Operational Flow Order ("OFO"): "An operational flow order is an
order issued to alleviate conditions, inter alia, which threaten or could
threaten the safe operations or system integrity, of the transportation
service provider's system or to maintain operations required to provide
efficient and reliable firm service. Whenever a Transportation Service
Provider experiences these conditions, any pertinent order should be
referred to as an Operational Flow Order." NAESB Definition 1.2.6.
1.40 Pacific Clock Time: Pacific Standard Time or Daylight Savings
Time in Beaver, Oregon, whichever is currently effective.
1.41 Package ID: "A package ID is a way to differentiate between
discrete business transactions." NAESB Definition 1.2.5.