Great Lakes Gas Transmission Limited Partner

Second Revised Volume No. 1

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Effective Date: 06/01/2003, Docket: RP00-329-004, Status: Effective

Substitute Third Revised Sheet No. 12 Substitute Third Revised Sheet No. 12 : Effective

Superseding: Second Revised Sheet No. 12

 

 

GENERAL TERMS AND CONDITIONS

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(continued)

 

3.3 Imbalances and Penalties (continued)

 

(b) Imbalances at Termination of Agreement

 

In the event the quantities of gas received and delivered are not in balance at the end of

the term of the Agreement, then such balancing shall be achieved within sixty (60) Days

after determination of such imbalance by extending receipts or deliveries as applicable at

the appropriate point(s) of receipt or point(s) of delivery until such imbalance is

satisfied or by such other method mutually agreed upon by the parties which balances the

parties with Equivalent Quantities of gas. The penalty charged by Transporter for

imbalance gas still owing to the Transporter after such sixty (60) Day period, if any, that

Shipper is unable to supply to Transporter shall be twice the price indicated for Canadian

Natural Gas Spot Export Prices as reported by Natural Gas Market Report for the Emerson,

MB/Noyes, MN Canadian Export/U.S. entry point. The issue of this publication shall be the

most recently available edition at the time of invoicing. (Natural Gas Market Report is

published twice a month by Canadian Enerdata Ltd., Suite 500, 7030 Woodbine Ave., Markham,

Ontario, Canada L3R 1A2.)

 

 

 

3.4 Scheduling of Transportation and Allocation of Capacity

 

In scheduling nominated quantities, Transporter shall utilize the priorities established in

Section 11 hereof. If, on any Day, Transporter determines that the capacity of its system, or

portion(s) thereof, is insufficient to serve all requirements scheduled for such Day or is

insufficient to accept the quantities of gas tendered for transportation by Shipper, then

Transporter shall allocate its available capacity on the basis of the procedures contained in

Section 11 hereof.

 

Transporter shall notify Shipper of scheduled quantities by 4:30 p.m. (C.C.T.) on the day prior

to the day service shall begin under a nomination.