Cheyenne Plains Gas Pipeline Company, L.L.C.

Original Volume No. 1

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Effective Date: 07/26/2010, Docket: RP10-876-000, Status: Effective

First Revised Sheet No. 281 First Revised Sheet No. 281

Superseding: Original Sheet No. 281

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

10. IMBALANCE MANAGEMENT

10.3 Imbalance Adjustments (Continued)

(d) Imbalance Trades. The term "imbalance trade" shall mean the

reallocation of imbalances from one Shipper to another Shipper in

order to reduce the imbalances of both Shippers. Transporter

shall effect an election to trade imbalances incurred during a

Month as posted and verified electronically.

 

(i) A Shipper, acting without the assistance of Transporter,

may negotiate an imbalance trade arrangement with another

Shipper.

 

(ii) Upon Shipper's designation, Transporter shall post on its

EBB the Shipper's availability to trade imbalances. Such

posting shall include the imbalance quantity available to

be traded, the Shippers' contact name(s) and phone

number(s) and any special conditions. Such posting may be

made through the last Day of the Month following the Month

of gas flow.

 

(iii) Shippers shall negotiate the terms of any trades among

themselves.

 

(iv) Shippers trading imbalances must electronically notify

Transporter of their trade no later than the last Business

Day of the Month following the Month in which the imbalance

to be traded was created.

 

(v) Only trades which have the effect of reducing a Shipper's

imbalances are permitted (i.e., the maximum quantity which

may be traded is the smaller of the excess or shortfall

under the Shipper's TSAs affected by the trade).

 

(vi) Transporter shall permit trade arrangements at no

additional cost to the Shippers.

 

(vii) After completion of all trade transactions, Transporter

shall apply the traded imbalance quantities to Shipper's

original TSA-level imbalances until the trade quantities

have been fully allocated. TSAs with the largest

percentage imbalances shall be credited with trade

quantities first. The imbalance percentage shall be

determined by comparing the size of the imbalance to the

larger of total receipt or total delivery quantities for

the TSA containing the imbalance.