Florida Gas Transmission Company, LLC

Fourth Revised Volume No. 1

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Effective Date: 09/01/2006, Docket: RP06-463-000, Status: Effective

Original Sheet No. 238 Original Sheet No. 238 : Effective

 

GENERAL TERMS AND CONDITIONS

(continued)

 

interconnect with Transporter's system (hereinafter OBA

Party). Such OBAs shall specify the gas custody transfer

procedures to be followed by Transporter and OBA Party for

the confirmation of scheduled quantities at points of

interconnection with the OBA Party. Such OBAs will provide

that any variance between actual quantities and scheduled

and confirmed quantities for any day shall be resolved in

kind promptly or cashed-out pursuant to the terms of the

OBAs. To facilitate such determination of variances on a

timely basis, Transporter and the OBA Party will agree in

the OBA on necessary measurement and accounting procedures.

Transporter shall post on its Internet website those

interconnect points which are subject to an OBA.

 

2. It is Transporter's intent to negotiate and execute OBAs on

a non-discriminatory basis with any OBA Party. However,

Transporter shall have no obligation to negotiate and

execute OBAs with any party that:

 

(a) is not creditworthy as determined pursuant to Section

16 of Transporter's General Terms and Conditions;

 

(b) does not maintain dispatching operations which are

staffed on a continuous basis;

 

(c) does not have electronic flow measurement equipment to

which Transporter has access at the interconnect

points which are proposed to be subject to the OBA;

 

(d) would cause the level of regulators or flow control

which Transporter is subject to prior to the execution

of the applicable OBA to increase; or

 

(e) does not commit to timely and final determination of

variances based on prompt in-kind resolution or cash

out provisions.

 

3. Nothing in this Section 12 nor any executed OBA shall limit

Transporter's rights to take action as may be required to

adjust receipts and deliveries under any transportation