Texas Gas Transmission, LLC
Third Revised Volume No. 1
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Effective Date: 04/11/2009, Docket: RP09-448-000, Status: Effective
First Revised Sheet No. 2502 First Revised Sheet No. 2502
Superseding: Original Sheet No. 2502
GENERAL TERMS AND CONDITIONS
13.2 Operational Balancing Agreements
(a) Texas Gas will enter into Operational Balancing Agreements with parties
whose pipeline, processing plant, or production facilities interconnect
with Texas Gas' system. Texas Gas' execution of an OBA is contingent upon
the OBA party meeting Texas Gas' credit standards as contained in Section
5 of the General Terms and Conditions of this tariff.
(b) Texas Gas and the OBA party will mutually agree on the method for resolving
OBA imbalances. Methods for resolving imbalances include, but are not
limited to: in-kind replacement, cash out payments based on Texas Gas'
cash-out provisions as contained in Section 14 herein or other
mutually agreed upon market price indices or procedures. Texas Gas will
negotiate the method for resolving OBA imbalances on a nondiscriminatory
(c) A pro forma OBA is contained in this Texas Gas FERC Gas Tariff.