Gulf South Pipeline Company L P
Sixth Revised Volume No. 1
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Effective Date: 12/31/2000, Docket: GT01- 6-000, Status: Effective
Original Sheet No. 5102 Original Sheet No. 5102 : Effective
(5) Estimated metered quantities shall be used on a daily basis,
during the current month, to determine the estimated Operational
Imbalance at the Interconnection Point, with physical flow
adjustments to be made during the current month as mutually agreed
to by both Parties to adequately control imbalance levels.
(6) For the previous month activity, prior to the last day of such
month or within five (5) business days following the end of such
month, the Parties shall reconcile and confirm in writing the
nominations received by each from shippers for whom the Parties
delivered or received gas at the Interconnection Point. Any
changes to such confirmed nominations shall be effective only if
agreed to in writing by both Parties. Such written communication
shall be provided by Gulf South and shall be in the form set out
on the attached Exhibit 3 or in any other form mutually agreeable
to the Parties.
(7) For the purpose of accounting for the previous month, the physical
flow at the Interconnection Point each month will be determined
and communicated by Gulf South to _________ in writing as soon as
possibile, but in no case later than the tenth (10th) business day
of the month following the month in question. Physical flows
shall be determined pursuant to the applicable provisions of
measuring party's then effective FERC Gas Tariff or Operating
Statement; provided however, the Parties may agree to standards
more stringent than the point operator's then effective FERC Gas
Tariff or Operating Statement. Any Operational Imbalance for any
calendar month shall be agreed to in writing within twenty (20)
days of the end of such month in the format set forth on the
attached Exhibit 3 or in any other format mutually agreeable to
the Parties. Such Operational Imbalance shall be corrected in a
manner mutually agreed to within thirty (30) days beginning the
month immediately following the month in which the Operational
Imbalance is agreed to in writing by the Parties or within such
longer period of time as is mutually agreed to in writing by the
Parties. The Operational Imbalance shall be cleared in the
following month in accordance with Section 20 of the General Terms
and Conditions or by scheduling a uniform flow or as mutually
agreed to in writing by the Parties. The thirty (30) day
correction period shall be extended for any capacity constraints
occurring on either party's system.