Gulf Crossing Pipeline Company LLC
Original Volume No. 1
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Effective Date: 12/20/2008, Docket: RP09-61-000, Status: Effective
Original Sheet No. 950 Original Sheet No. 950
GENERAL TERMS AND CONDITIONS
Section 14
14. IMBALANCE RESOLUTION PROCEDURES
14.1 Cash-out and Trading Provisions - It is the responsibility of the
Customer to eliminate imbalances. Net imbalance positions will
be determined for each Customer by Operational Impact Area.
These imbalances may be resolved through the cash-out or trading
methods. Each Day Gulf Crossing will post on its Internet Web
Site Customer's imbalance position for each Operational Impact
Area. For purposes of offsetting imbalances, Gulf Crossing shall
post a list of Customers who are either long into the pipeline or
short into the pipeline by Operational Impact Area and at
Customer's request, also will post on the Internet Web Site that
Customer's imbalance position. Customers will have until the
seventeenth (17th) Business Day of the month following the
production month where the imbalance occurred to resolve any
imbalance positions. All trades shall be requested and confirmed
via Gulf Crossing's Internet Web Site. In the event of a failure
or technical difficulties with Gulf Crossing's electronic
communications system, trade requests and confirmations may be
submitted via facsimile at (713) 479-1791 using Gulf Crossing's
Imbalance Trading Form. All failures must be communicated to
Gulf Crossing prior to submitting a trade via facsimile by
contacting the Gulf Crossing System Coordinator at (713) 479-
8215.
(a) Trading Methods to Correct Imbalances - Imbalances may be
corrected by trading under the following methods:
(1) Trading between Transportation Contracts - Gulf
Crossing offsets imbalances created under Customer's
transportation contracts within Operational Impact
Areas. An imbalance can be offset only with an
opposite imbalance incurred for the same month within
the same Operational Impact Area.