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.