Horizon Pipeline Company, L.L.C.

Original Volume No. 1

 Contents / Previous / Next / Main Tariff Index

 

 

Effective Date: 10/01/2002, Docket: RP02-415-000, Status: Effective

Second Revised Sheet No. 150 Second Revised Sheet No. 150 : Effective

Superseding: First Revised Sheet No. 150

GENERAL TERMS AND CONDITIONS

----------------------------

 

11. IMBALANCES

 

11.1 RESPONSIBILITY FOR BALANCING

 

In addition to delivering and receiving volumes of gas

in conformance with nominations, Shippers are responsible for

conforming their takes at Delivery Points with their deliveries to

Horizon at Receipt Points each day. Horizon has no obligation to

deliver for the account of a Shipper more volumes of gas than

Horizon has received for the account of the Shipper or to accept

for the account of the Shipper more volumes of gas than are being

delivered for the account of the Shipper on any day.

 

11.2 MONTHLY IMBALANCES, NETTING AND OFFSETTING

 

At the end of each calendar month, to the extent the

net receipts (with the appropriate deductions for Fuel Gas and

Unaccounted For Gas) do not equal the deliveries under an

Agreement on a Dth basis, the following netting and offsetting

procedures will apply:

 

(a) Imbalances under a Shipper's different Agreements

will then be netted together to obtain the Shipper's Total Monthly

Imbalance. The Total Monthly Imbalance will be shown with the

monthly billings sent to Shippers.

 

(b) To assist Shippers in arranging offsets, Horizon

will post on its Interactive Website the Total Monthly Imbalance of

any Shipper which has notified Horizon that it has elected to have

such information posted. Notification by the Shipper may be in

writing or on Horizon's Interactive Website and shall be effective

by 8:00 a.m. on the next Business Day (Central Clock Time) if the

notification is received by 11:45 a.m. on a Business Day.

Imbalance information authorized for posting through such

notification shall be posted no later than the ninth Business Day

of the month after the imbalance occurred. Shippers shall have the

ability to post and trade imbalances, and imbalance information

shall remain posted, until the seventeenth Business Day of the

month after the imbalance occurred.

 

(c) Horizon shall enable the imbalance trading process

by:

 

(1) Receiving the Request for Imbalance Trade,

 

(2) Receiving the Imbalance Trade Confirmation,