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. 143 Original Sheet No. 143 : Effective
GENERAL TERMS & CONDITIONS
6. TRANSPORTATION BALANCING (Continued)
6.7 Contract Imbalance Trading
(a) Shipper may authorize contract imbalances to be posted for
trading after contract imbalance netting pursuant to Section
(b) Authorizations to post imbalances that are received by Sea
Robin by 11:45 a.m. shall be effective by 8:00 a.m. the next
Business Day. Imbalances authorized for posting shall be
posted on or before the ninth (9th) Business Day of the
(c) Sea Robin shall provide the ability to post and trade
imbalances until at least the close of the seventeenth
(17th) Business Day of the Month.
(d) When trading imbalances, a Quantity must be specified.
Imbalances must be traded with imbalances in the opposite
direction and such trade must move Shipper's imbalance
closer to zero.
(e) Sea Robin shall enable the imbalance trading process by:
. Receiving the request for imbalance trade;
. Receiving the imbalance trade confirmation;
. Sending the imbalance trade notification; and
. Reflecting the trade prior to or on the next monthly
Shipper imbalance or cashout.
(f) Imbalance trades can only be withdrawn by the initiating
Shipper and only prior to the confirming Shipper's
confirmation of the trade. Imbalance trades are considered
final when confirmed by the confirming Shipper and
effectuated by Sea Robin. Imbalance trades shall be deemed
to be effectuated when Sea Robin sends the imbalance trade