Equitrans, L. P.

Original Volume No. 1

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Effective Date: 11/01/2002, Docket: RP00-462-002, Status: Effective

Second Revised Sheet No. 254 Second Revised Sheet No. 254 : Effective

Superseding: First Revised Sheet No. 254

GENERAL TERMS AND CONDITIONS (Continued)

 

imbalances against each other and reflect any

imbalance trading pursuant to Section 12.8a, to

arrive at the aggregate imbalance for the Customer.

After such determination, the Customer will be given

the opportunity to utilize Equitrans' Rate Schedule

INSS or Equitrans' Park and Loan Service, if either

is available. If after this opportunity, the

Customer remains out of balance by more than 4% on

an aggregate basis, Equitrans will assess the

penalty set forth in Section 12.7(a)(i) against the

portion of the net imbalance which exceeds the 4%

tolerance. If after netting imbalances the

Customer's net imbalance is within the 4% tolerance,

the Customer will be permitted to carry the

imbalance forward for resolution in the subsequent

month.

 

b. Daily Imbalances--Equitrans will monitor daily

imbalances to the extent permitted by the real time

measurement capability of its system. If on any day,

the total quantity of gas delivered for a Customer

deviates from the amount received under any service

agreement, with the exception of a no-notice service

agreement under Rate Schedule NOFT, by more than eight

percent (8%), Equitrans reserves the right to implement

an OFO pursuant to Section 11 of the General Terms

and Conditions.

 

12.8 Netting and Trading of Imbalances. At the end of each calendar

month, to the extent the net receipts (with the appropriate

deductions for Company Use Gas) do not equal the deliveries under

any Service Agreement on a dekatherm basis, the following

transportation fees and netting and trading procedures will apply: