Sea Robin Pipeline Company, LLC
Second Revised Volume No. 1
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Effective Date: 12/31/2004, Docket: RP05- 87-000, Status: Effective
Original Sheet No. 141 Original Sheet No. 141 : Effective
GENERAL TERMS & CONDITIONS
6. TRANSPORTATION BALANCING (Continued)
It is agreed, however, that in the event Shipper owes Sea Robin
any payments under Section 6.2 above from a previous Month which
are past due, Sea Robin shall have the right hereunder to offset
payments it owes to Shipper under this Section 6.3 by such past
due amounts (inclusive of interest).
6.4 The Index Price shall be equal to the sum of the spot prices
published by the following publications for delivery to the
Pipeline System indicated during the Month in which Shipper's
net monthly imbalance was incurred divided by the number of such
prices utilized by Sea Robin as determined below less the sum of
Sea Robin's maximum rate under its ITS Rate Schedule as shown on
Sheet No. 7 of its FERC Gas Tariff, and all volumetric
(a) Natural Gas Intelligence Weekly Gas Price Index "Louisiana,"
"Southern Natural," "Average"
(b) Natural Gas Intelligence Weekly Gas Price Index "Louisiana,"
"Columbia Gulf Onshore," "Average"
(c) Inside FERC's Gas Market Report, "Columbia Gulf Transmission
Co.," "Louisiana," "Index"
With respect to Inside FERC's Gas Market Report, Sea Robin will
use the posting published for the first of the Month only. With
respect to Natural Gas Intelligence Weekly Gas Price Index, Sea
Robin will use the weekly posting published during the Month
within the following parameters. The first weekly posting to be
used will be the first issue of Natural Gas Intelligence Weekly
Gas Price Index published during the Month. For the first week
of the Month, Sea Robin will use the current Month data to the
extent it is posted in the first issue. If the current Month
data is not available, Sea Robin will use the bid week postings.
The last weekly posting to be used will be the last issue of
said publication published during the Month.