Venice Gathering System, L. L. C.

Original Volume No. 1

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Effective Date: 02/01/1999, Docket: RP99- 21-001, Status: Effective

Substitute Original Sheet No. 85 Substitute Original Sheet No. 85 : Effective

 

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

Applicable notifications of such alterations

will be provided to the affected parties

reasonably proximate in time to the time

during which the event causing the

alteration was acted upon by the

Confirmation Requester of Confirming Party,

respectively. With respect to the

implementation of this process via the 1.4.X

GISB standards, Confirming Parties will send

the applicable document(s) to the applicable

party(ies) no later than the next time they

are slated to communicate confirmations or

scheduled quantities (as applicable).

 

j. Rollover Prohibition: Intra-Day

Nominations span one day only. Intra-Day

nominations do not replace the remainder of

a standing nomination.

 

k. Hourly Flow Limitations: VGS will attempt

to agree with the interconnected parties on

the hourly flows for Intra-Day Nominations.

 

l. Interruptible Shippers that are Bumped as a result

of the Intra-Day Nomination process will be subject

to daily penalties only during critical periods.

 

m. Intra-Day Nominations by a firm Shipper will have

scheduling priority over the nominated and scheduled

quantities of Interruptible Shippers. Interruptible

Shippers whose volumes are Bumped as a result of

Intra-Day Nominations by firm Shippers will be

provided advance notice of such Bump via telephone

and fax or e-mail. This notice will indicate whether

a critical penalty is in effect on the day the

Interruptible Shipper's volumes are being reduced.

 

6.11 Unaccounted For Gas

 

a. The formula for calculating Unaccounted

For Gas for nominations is "(1 -

Retention %/100) multiplied by receipt

quantity = delivery quantity." The

result of the calculation will be rounded

to the nearest Dth for each nomination.

VGS will not reject a nomination for

reasons of rounding differences of less

than five (5) Dth.

 

b. VGS will make Unaccounted For Gas rates

effective only at the beginning of a

month.