Gulfstream Natural Gas System, L.L.C.
Original Volume No. 1
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Effective Date: 05/01/2003, Docket: CP00- 6-009, Status: Effective
First Revised Sheet No. 159 First Revised Sheet No. 159 : Effective
Superseding: Original Sheet No. 159
GENERAL TERMS AND CONDITIONS
20. SCHEDULES AND CONTRACTS SUBJECT TO REGULATION
This Tariff, including these General Terms and Conditions and the
respective obligations of the parties under an Agreement, are
subject to valid laws, orders, rules, and regulations of duly
constituted authorities having jurisdiction and are subject to
change from time to time by addition, amendment, or substitution
as provided by law.
21. OPERATIONAL BALANCING AGREEMENTS ("OBAs")
21.1 For the purposes of minimizing operational conflicts
between various natural gas facilities with respect to the
delivery of gas to and from Transporter's facilities,
Transporter may negotiate and execute on a not-unduly
discriminatory basis mutually agreeable OBAs with
appropriate parties that operate natural gas facilities
interconnecting with Transporter's system (any such party
will be referred to herein as the "OBA Party").
Transporter must enter into OBAs at all points of
interconnection between its system and the system of
another interstate or intrastate pipeline. Such OBAs shall
specify the Gas custody transfer procedures to be followed
by Transporter and the OBA Party for the confirmation of
scheduled quantities to be received by Transporter at
Receipt Point(s) and delivered by Transporter at Delivery
Point(s). Such OBA will provide that any variance between
actual quantities and scheduled quantities at the point
where the OBA is in place for any Day shall be resolved
pursuant to the terms of the OBA.
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 1LineSM those Receipt Point(s) and
Delivery Point(s) at which an OBA is in effect.