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. 191 Original Sheet No. 191 : Effective

 

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

 

22. CREDITING FLOWTHROUGH MECHANISM

 

22.1 During each twelve-month period following the effective date of

this Section 22, Sea Robin shall accumulate (a) the amounts

received under Section 7.1(a), (b), (c) and (d) of this FERC

Gas Tariff; and (b) the difference, if any, between the amounts

received by Sea Robin under Section 6.2 above to this Tariff

and the amounts paid by Sea Robin under Section 6.3 above to

this Tariff; and (c) the difference, if any, between the

amounts received and the amounts paid by Sea Robin pursuant to

Section 6.5 above to this Tariff; (d) the difference, if any,

between the amounts received and the amounts paid by Sea Robin

pursuant to an Operational Balancing Agreement executed by Sea

Robin and any of the interconnecting pipelines; and (e) the

offset to any difference, if any, between the amounts debited

and the amounts credited by Sea Robin for imbalance entries on

Sea Robin's books of account under an Operational Balancing

Agreement which uses a make-up "in-kind" methodology.

 

22.2 Within sixty (60) days following the end of each such twelve-

month period, Sea Robin shall credit each Shipper which

transported gas under Sea Robin's Rate Schedules FTS and ITS

during said twelve-month period with its pro rata share of such

accumulated amounts. Each Shipper's pro rata share shall be

determined by multiplying the gas volumes stated in Dth

transported for such Shipper during the applicable twelve-month

period by a unit rate calculated by dividing the total amounts

to be accumulated pursuant to this Section 22 for such twelve-

month period by the total throughput stated in Dth experienced

on the Pipeline System during such twelve-month period.

 

22.3 If during the applicable twelve-month period, Sea Robin pays

out more amounts than it receives, the amounts paid in that

twelve-month period will be offset against any accumulated

amounts during the subsequent twelve-month period.