Northern Natural Gas Company

Fifth Revised Volume No. 1

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Effective Date: 11/01/1993, Docket: RS92- 8-004, Status: Effective

Original Sheet No. 481 Original Sheet No. 481 : Effective

 

 

 

 

 

OPERATIONAL BALANCING AGREEMENT

 

Page 3 of 7

 

 

 

Each party will allocate the quantities which are to be

 

delivered and received at the [Interconnection/Receipt Point(s)]

 

among each party's respective shippers pursuant to the confirmed

 

nominations. Any differences between the actual physical flow

 

and the sum of the confirmed nominations is the "Imbalance", and

 

will be the responsibility of the parties to eliminate on a

 

continuous basis.

 

3. Adjustment to Operational Imbalance

 

On a daily basis, measured quantities shall be

 

estimated for use in determining the estimated Imbalance at

 

the [Interconnection/Receipt Point(s)]. The parties shall

 

agree on the daily level of adjustment to physical flow of

 

gas during each delivery month required to reasonably

 

control the estimated Imbalance.

 

The physical flow at the [Interconnection/Receipt

 

Point(s)] for each month will be determined and communicated

 

by the party which operates the measurement facilities to

 

the other party in writing as soon as possible, but in no

 

case later than the tenth (10th) workday of the month

 

following the month of delivery. Any Imbalance shall be

 

corrected in a manner agreed to within thirty (30) days of

 

the date the Imbalance is confirmed in writing by the

 

parties or within such longer period of time agreed upon by

 

the parties.