Dominion Cove Point LNG, LP

Original Volume No. 1

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Effective Date: 05/01/2003, Docket: RP03-341-000, Status: Effective

Original Sheet No. 259 Original Sheet No. 259 : Effective

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

 

15. CAPACITY AND IMBALANCE ALLOCATIONS (Continued)

 

(f) Disputed Allocations. Disputed allocations shall be communicated to Operator within 6

Months of the initial Month-end allocation, with a 3 Month rebuttal period. This time

limitation shall not apply in the case of deliberate omission or misrepresentation, or

mutual mistake of fact. No Party's other statutory or contractual rights are affected

by this provision.

 

(g) Monitoring. For operational monitoring at electronically measured locations,

allocated quantities shall be available the next Business Day after the gas has flowed

at the end of the Gas Day. The scheduled quantity shall be made available at

locations which are not measured electronically. The party receiving nominations

shall provide allocation statements to the appropriate party for the meters it

operates each Month. Measurement data available upstream of any aggregation point

should be sent to the allocating party and used to allocate the aggregate volume back

to the upstream points.

 

(h) Imbalance Netting and Trading. All of Buyer's imbalances including any prior period

adjustments will be netted across rate schedules at the end of each month. Trading of

the previous month's netted imbalances will be allowed between Buyers from the 1st

calendar day until the end of the 17th business day following the end of the month.

Trading will be allowed when the resulting trade will reduce the imbalances for each

Buyer. Netting and trading shall be provided to Buyers at no charge.

 

(i) Third Party Imbalance Management Service. Operator will not discriminate against

third party imbalance management service providers.