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.