Gulf Crossing Pipeline Company LLC

Original Volume No. 1

 Contents / Previous / Next / Main Tariff Index

 

 

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.