Equitrans, L. P.

Original Volume No. 1

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Effective Date: 11/01/2000, Docket: RP01- 37-002, Status: Effective

Substitute Original Sheet No. 255 Substitute Original Sheet No. 255 : Effective

 

GENERAL TERMS AND CONDITIONS (Continued)

 

 

a. Imbalances under a Customer's different Service Agreements

will be netted together to obtain the Customer's Total

Monthly Imbalance ("TMI"). The TMI will be shown with the

monthly billings sent to Customers. To facilitate the

trading or offsetting of a Customer's TMI, Equitrans will

post on its electronic bulletin board, on or before the ninth

business day of the month, the TMI of any Customer that has

not notified Equitrans in writing that the Customer does not

elect to have that information posted. Customers or their

agents may then trade offsetting imbalances to Equitrans with

Customers or their agents until the close of business on the

seventeenth business day of the month ("Trading Period").

Parties that agree to trade all or part of an imbalance must

notify Equitrans in writing on or before the seventeenth

business day of the month through submission of an Imbalance

Trade Confirmation form; otherwise, such trade shall not be

effective. Upon receipt of an Imbalance Trade Confirmation,

Equitrans will send an Imbalance Trade Notification to the

trading parties by noon CCT the next business day. Any

Customer imbalance remaining after the Trading Period may be

subject to a penalty.

 

b. The netting of imbalances does not relieve Customer of the

obligation to pay all transportation charges for the quantity

of gas actually delivered to Customer during the month.