Tennessee Gas Pipeline Company

FIFTH REVISED VOLUME NO. 1

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Effective Date: 10/01/2003, Docket: RP00-477-005, Status: Effective

Fifth Revised Sheet No. 216 Fifth Revised Sheet No. 216 : Effective

Superseding: Third Revised Sheet No. 216

 

 

Rate Schedule LMS - PA

Load Management Service - Pooling Area (continued)

 

 

(v) Imbalances will be "cashed out" using onshore or offshore

prices, depending on the point at which the imbalance arises.

For the purposes of the determining whether the pricing methods

of Section 7(d) (ii), (iii), (iv) or (v) of this Rate Schedule

apply, the Balancing Party's monthly imbalance for the Agreement

will be used.

 

(e) Access to Information - Upon request, Transporter will make available

within one business day the best information it has concerning the total

physical deliveries at applicable receipt points. In addition,

Transporter will make available by electronic means the best information

it has concerning the scheduled and allocated deliveries at all of

Operator's receipt points. No later than 11:00 a.m. Central Time on the

first full business day following the production day, this information

regarding the scheduled and allocated deliveries shall become "Operational

Data" and Operators will be entitled to rely on the Operational Data for

purposes of correcting imbalances during the month. Imbalances will be

cashed out on the basis of actual deliveries and scheduled quantities;

provided that the penalty level and pricing associated with imbalances

will be based upon the lesser of (1) the monthly operational imbalance

reported by Transporter based upon the Operational Data or (2) the monthly

imbalance based upon actual receipts and deliveries at such locations.