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.