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

Section 13

(Cont'd)

 

 

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

basis.

 

(c) A pro forma OBA is contained in this Texas Gas FERC Gas Tariff.