Mobile Bay Pipeline Company

Second Revised Volume No. 1

 Contents / Previous / Next / Main Tariff Index

 

 

Effective Date: 02/26/1998, Docket: RP97-361-003, Status: Effective

Third Revised Sheet No. 211 Third Revised Sheet No. 211 : Effective

Superseding: Superseding Second Revised Sheet No. 211

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

 

changes as soon as known by either Transporter or Shipper so

that the other may be prepared to meet or to adjust for such

expected changes when, as, and if they occur.

 

13. IMBALANCE RESOLUTION PROCEDURES

 

eliminate end-of-month imbalances with a final resolution of

such end-of-month imbalances by cash settlement with

Transporter. Unless otherwise agreed, Transporter and Shipper

shall settle in cash, by Shipper during the month, any net

imbalance remaining between allocated receipt quantities and

allocated delivery quantities. On or before the ninth Business

Day of each month, Transporter will send Shipper a statement

detailing the imbalance quantity by Shipper during the preceding

month. Shipper will have until the last day of that month to

correct the imbalance as follows:

 

imbalances among its contracts regardless of rate type.

Shipper will have one imbalance that may be offset with

other transportation Shippers regardless of rate type.

Offsetting transactions under this paragraph will be

allowed without an additional charge to any Shipper.

 

post at Shipper's request on the Customer Electronic

System the Shipper's end of the month imbalances. After

the period provided to the Shipper to correct any

imbalance, Transporter shall provide an invoice credit