Colorado Interstate Gas Company
First Revised Volume No. 1
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Effective Date: 06/01/2010, Docket: RP10-689-000, Status: Effective
Fourth Revised Sheet No. 348 Fourth Revised Sheet No. 348
Superseding: Third Revised Sheet No. 348
GENERAL TERMS AND CONDITIONS
(Continued)
10.2(continued)
Thereafter, Transporter will transfer imbalances among that
Shipper's Agreements under all Rate Schedules. No imbalance
under any agreement will be increased as the result of a
transfer.
(b) Imbalance Payback. During the first six days of any Month,
Shipper who has accumulated an imbalance during the preceding
Month may Nominate quantities to reduce that imbalance.
(i) Nominations to clear a previous Month's imbalance must
be specifically designated for that purpose.
(ii) Confirmation of Nominations to clear previous Month
imbalances will have a lower priority than all other
Nominations.
(iii) Should allocation of Nominations made to clear a
previous Month imbalance result in quantities in excess
of the imbalance, the excess will be applied to current
Month business on the same Agreement. However, if the
Agreement is inactive, the excess will be subject to
"Cash Out". (see Section 10.5 below)
(c) Upon completion of imbalance transfers and imbalance payback,
Transporter shall consolidate each Shipper's remaining
imbalances under all Agreements to a single net imbalance
quantity for use in the Imbalance Trade process as described in
paragraphs (d) and (e) below.
(d) Election for Imbalance Trades. On or before the seventh (7th)
Business Day of the Month following the accumulation of an
imbalance, a Shipper may notify Transporter of its election to
cash out such imbalance. Absent such election, imbalances are
eligible to be posted on Transporter's electronic bulletin
board and/or traded with opposite imbalances held by other
Shippers through the end of the Month following accumulation of
such imbalances.