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.