Texas Gas Transmission, LLC
Third Revised Volume No. 1
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Effective Date: 08/20/2010, Docket: RP10-989-000, Status: Accepted
Second Revised Sheet No. 2502 Second Revised Sheet No. 2502
Superseding: First Revised 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.