Transcontinental Gas Pipe Line Company, LLC

Fourth Revised Volume No. 1

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Effective Date: 12/31/2008, Docket: RP09-158-000, Status: Effective

Original Sheet No. 471 Original Sheet No. 471

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

 

 

50. PROCESSING RIGHTS REGARDING LIQUEFIABLE HYDROCARBONS (Continued)

 

50.4 Prior Period Adjustments will be resolved in the method set forth below:

 

(a) For plants with no executed OBA, the allocated delivered PTR quantities (as

calculated in the production month) will be adjusted to the actual delivered PTR

quantities at the plant as reflected on the respective plant statement. This

adjustment shall be applied to each Buyer's Rate Schedule IT or Rate Schedule FT

agreement used to transport PTR quantities. The imbalance resulting from this

adjustment shall be resolved in accordance with the provisions of Sections 25 and

37 of the General Terms and Conditions.

 

(b) For plants where the plant operator has executed an OBA, any changes to the

measured quantity at the plant shall be applied to the plant operator's OBA.