Trunkline LNG Company, LLC
Second Revised Volume No. 1-A
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Effective Date: 08/01/2003, Docket: RP03-535-000, Status: Effective
Original Sheet No. 83 Original Sheet No. 83 : Effective
GENERAL TERMS AND CONDITIONS
6. BALANCING (Continued)
(3) TLNG shall provide the ability to post and trade
imbalances until at least the close of the
seventeenth (17th) Business Day of the Month.
(4) Boil-Off Imbalances must be traded with Boil-Off
Imbalances in the opposite direction and such
trade must move Shipper's imbalance closer to
zero. When trading imbalances, a Quantity must
(5) TLNG shall enable the Boil-Off imbalance trading
. Receiving the request for imbalance trade;
. Receiving the imbalance trade confirmation;
. Sending the imbalance trade notification; and
. Reflecting the trade prior to or on the next
monthly Shipper imbalance or cashout.
(6) Imbalance trades can only be withdrawn by the
initiating Shipper and only prior to the
confirming Shipper's confirmation of the trade.
Imbalance trades are considered final when
confirmed by the confirming Shipper and
effectuated by TLNG. Imbalance trades shall be
deemed to be effectuated when TLNG sends the
imbalance trade notification.
(7) After receipt of an imbalance trade
confirmation, TLNG shall send the imbalance
trade notification to the initiating Shipper and
the confirming Shipper no later than noon
(Central Clock Time) on the next Business Day.
(D) If at any time Shipper's nominations for Boil-Off and
Shipper's share of the actual Boil-Off for any
contract are out of balance by the greater of 1,000
MMBtu or 5% of the nomination, TLNG shall be
entitled, upon notice to Shipper, to adjust Shipper's
nominations to bring them into balance. TLNG's
entitlement to adjust Shipper's nominations shall not
relieve Shipper of the obligation to pay any
balancing or any other penalties provided for in
these General Terms and Conditions.