Northern Border Pipeline Company
First Revised Volume No. 1
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Effective Date: 11/01/2003, Docket: RP00-403-002, Status: Suspended
Original Sheet No. 268D.04 Original Sheet No. 268D.04 : Suspended
GENERAL TERMS AND CONDITIONS
23. FLOWING GAS (Continued)
23.3 Shipper Imbalances (Continued)
23.32 Shipper Imbalance Resolution (Continued)
Company shall invoice Shipper for the total
cost of the working gas purchased to reduce or
eliminate the Underdelivery at the time such
working gas is received into Company's system.
To account for any Shipper Imbalance remaining
after cashout, a Shipper and Company shall
agree to designate one of the Shipper's
Agreement(s) in the Operational Impact Area
where the original Shipper Imbalance occurred,
for such purpose.
(e) Underdelivery Penalty
If a noticed Shipper imbalance has not been
resolved during the resolution period, and the
remaining Shipper Imbalance reflects an
Underdelivery, Company will invoice Shipper for
an amount equal to the quantity of the
Underdelivery times 150% of the daily price.
The daily price shall be determined by using
the midpoint $/MMBtu from the Daily Price
Survey, as published in Gas Daily.
Underdeliveries subject to penalty at Ventura or
upstream of Ventura will be priced at the Ventura,
Iowa daily price. Underdeliveries subject to
penalty downstream of Ventura will be priced