Mojave Pipeline Company
Second Revised Volume No. 1
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Effective Date: 06/03/2010, Docket: RP10-706-000, Status: Effective
Third Revised Sheet No. 244 Third Revised Sheet No. 244
Superseding: Second Revised Sheet No. 244
General Terms and Conditions
10. Imbalance Management (Continued)
(a) Transporter shall determine the imbalance quantity applicable
to each terminated/Inactive Service Agreement.
(b) The cash-out price will be the highest price for imbalances due
Transporter and the lowest price for imbalances due Shipper,
determined as the Bidweek Price published in Natural Gas
Intelligence Bidweek Survey - Spot Gas Prices as the Southern
California Border Average price, of either (i) the month in
which the imbalance occurred; or (ii) the month in which the
imbalance(s) is reconciled.
(c) Cash-outs owed to the Shipper or Transporter will be the
amount determined by multiplying the imbalance for the
terminated/ Inactive Service Agreement by the cash-out price.
10.7 Transporter shall pay or credit the account, as appropriate, of
Shipper for any cash-out amounts due Shipper for a terminated
Service Agreement/Inactive Service Agreement. Shipper shall pay
Transporter for any cash-out amounts due Transporter. Upon payment
of the appropriate cash-out amounts, the imbalance amounts for the
affected Service Agreement will be reduced to zero.
(a) If the Shipper has an existing agreement with Transporter,
credit will be given through invoice. If the Shipper does not
have an existing agreement with Transporter, credit will be