Millennium Pipeline Company, L. L. C.

Original Volume No. 1

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Effective Date: 07/01/2009, Docket: RP09-633-000, Status: Effective

First Revised Sheet No. 222 First Revised Sheet No. 222

Superseding: Original Sheet No. 222

 

GENERAL TERMS AND CONDIITONS

(Continued)

 

18. TRANSFERS OR IMBALANCE NETTING AND TRADING

 

18.1 Transfers Generally. A Shipper may transfer imbalances in its account

to its other account(s) or the accounts of other Shippers under this Section.

For purposes of this Section, the term "account" shall mean a Shipper's gas

account under a transportation Service Agreement with Transporter. A Shipper

seeking to transfer imbalances between accounts pursuant to this Section

shall notify Transporter electronically through Transporter's EBB using

Transporter's approved nomination form as set forth on Transporter's EBB.

Transporter shall not be obligated to provide any information to a Shipper

concerning the account status of other Shippers' accounts. Transporter will

permit a Shipper, upon request, to post on Transporter's EBB an announcement

of Shipper's desire to transfer imbalances, but Shipper shall remain

responsible for making all arrangements effecting the proposed transfer.

 

18.2 No Cost Transfers. A Shipper may transfer imbalances from an account

under an FT-1, FT-2, HT-1, BH-1 or IT-1 Service Agreement with Transporter to

an account under an FT-1, FT-2, HT-1, BH-1 or IT-1 Service Agreement with

Transporter without incurring transportation charges or surcharges, and

without assessment of Retainage on the transferred quantity.

 

18.3 Nominated Transfers. A Shipper seeking to transfer imbalances from

and to accounts under Service Agreements with Transporter other than those

permitted without cost or assessment of Retainage as set forth in Section

18.2 shall nominate such imbalance quantities for transportation pursuant to

the terms of the Service Agreement with Transporter under which said

imbalance is held in account for Shipper. Such nomination shall be pursuant

to Section 6 (Nominations, Scheduling and Monitoring) of the General Terms

and Conditions. Nominated and transferred imbalance quantities shall be

subject to the charges and surcharges, and assessment of Retainage applicable

to the Service Agreement with Transporter specified in the nomination.