Midwestern Gas Transmission Company

SECOND REVISED VOLUME NO. 1

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Effective Date: 09/01/1993, Docket: RS92- 41-004, Status: Effective

Substitute Original Sheet No. 139 Substitute Original Sheet No. 139 : Effective

 

 

 

BALANCING AGREEMENT

(For Use at Receipt Points)

 

on the actual receipts at such Receipt Point(s) within two business days after the

date of receipt. Furthermore, the Balancing Party shall provide or have provided

to Transporter meter statements within four (4) business days after the close of a

calendar month at any Receipt Point(s) where Transporter does not operate the meter.

If the Balancing Party does not provide such information or meter statements at any

Receipt Point(s), or the information provided contains significant inaccuracies as

reasonably determined by Transporter, and such conditions continue for fifteen days

or more (whether or not such days are consecutive) after the first notice to the

Balancing Party, then all affected Receipt Points shall be deleted from this

Agreement upon written notice from Transporter at the end of that calendar month.

 

2.5 Unauthorized Overruns - Balancing Party may not deliver gas at a Receipt Point in

excess of the Daily Limit applicable to a Receipt Point, Balancing Party shall be

subject to an unauthorized overrun charge of fifteen dollars ($15.00) for each dth

of excess volumes delivered. The Daily Limit applicable to a Receipt Point shall be

stated in an Operational Flow Order issued pursuant to Article VIII of the General

Terms and Conditions of Transporter's Tariff.

 

ARTICLE III - CORRECTION OF OPERATIONAL IMBALANCES

 

3.1 Corrections During the Month - Estimated metered quantities, or actual metered

quantities where available, shall be used by Transporter for purposes of

adjustments under this Section on a daily basis during the calendar month to

determine the estimated Operational Imbalance at (all of) the Receipt Point(s).

Transporter shall make the estimated Daily Variances and Monthly Operational

Imbalance available to Balancing Party by the end of the third business day after

each production day. Transporter may make or Balancing Party may make or cause to

be made adjustments in nominations and actual deliveries upon 24 hours notice by

making imbalance make up nominations pursuant to this Agreement and in accordance

with Transporter's Tariff. Any adjustments will offset pre-existing imbalances

accrued during that month.

 

3.2 Corrections in Subsequent Periods - As soon as practicable following the close of

each month, Transporter will send Balancing Party a statement setting forth the

accrued Daily Variance Charges and the Monthly Operational Imbalance existing at

the end of the prior month. Any Monthly Operational Imbalance shall be resolved

in cash in accordance with Rate Schedule LMS-PA of Transporter's FERC Gas Tariff

Volume No. 1, unless the Parties mutually agree otherwise.

 

3.3 Measurement of Operational Imbalance - Any gas received or delivered pursuant to

this Agreement shall be adjusted for variation in Btu content. Measurement of gas

for all purposes shall be in accordance with Transporter's FERC Gas Tariff.