Dauphin Island Gathering Partners
First Revised Volume No. 1
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Effective Date: 09/01/2003, Docket: RP00-346-002, Status: Suspended
Substitute Third Revised Sheet No. 178 Substitute Third Revised Sheet No. 178 : Suspended
Superseding: First Rev Second Revised Sheet No. 178
Transporter shall send the Imbalance Trade Notification to the
initiating trader and the confirming trader no later than noon
(central clock time) the next business day. Transporter shall
have no liability with respect to any imbalance trading by
Shipper.
13.3 Cash Out Procedures:
To the extent monthly imbalances are not resolved pursuant to
Section 13.2, all imbalances accrued by Shipper under each of its
Transportation Service Agreement(s) shall be resolved on a monthly
basis pursuant to this provision, Section 13.3.
(a) After each month, for the MP and DI systems individually,
Transporter will calculate the imbalance (in Dth) which exists
between the quantities of gas allocated each day to Shipper for
its account at the Receipt Point(s) during that month, less
lost-and-unaccounted-for gas and hydrocarbon liquids that
condense from the gas stream prior to the Delivery Point(s)
during that month, and the quantities of gas allocated each day
to Shipper for its account at the Delivery Point(s) during that
month ("Net Monthly Imbalance"). To determine an applicable
adjustment percentage, Shipper's Net Monthly Imbalance will be
based upon the lower of the Operating Data or the Actual Data
and will be divided by the scheduled deliveries under each
Transportation Service Agreement during the month ("Net Monthly
Imbalance Percentage").
(b) Subject to the provisions of Subsections (d) and (e) below, if
Shipper has accrued a Net Monthly Imbalance due Transporter,
Shipper shall pay Transporter for Shipper's Net Monthly
Imbalance at the following prices specified for each stated Net
Monthly Imbalance Percentage.
Net Monthly Imbalance
Percentage Due Transporter Price Per Dth
0 to 2% 100% of Average Price
>2 to 5% 100% of High Price
>5 to 10% 115% of High Price
>10 to 15% 125% of High Price
>15 to 20% 140% of High Price
>20% 150% of High Price
(c) Subject to the Provisions of Subsections (d) and (e) below, if
Shipper has accrued a Net Monthly Imbalance due Shipper,
Transporter shall pay Shipper for its Net Monthly Imbalance at
the following prices specified for each stated
Net Monthly Imbalance Percentage.