Vector Pipeline L.P.
Original Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 06/01/2010, Docket: RP10-678-000, Status: Effective
Fifth Revised Sheet No. 122 Fifth Revised Sheet No. 122
Superseding: Fourth Revised Sheet No. 122
(b) Unauthorized Overrun Charge
If Shipper exceeds its Contracted Capacity without the
approval of Transporter, Shipper shall be subject to an
Overrun Charge in addition to the applicable reservation and
commodity charges and any balancing charges pursuant to this
section, equal to $10.00 per Dth for each Dth of Gas taken
in excess of Shipper's Contracted Capacity. Where an
unauthorized overrun occurs during an OFO, Shipper will pay
the greater of the applicable penalties as stated in
sections 9.1(a)(2) or 9.2(b).
3. Imbalance Trading and Netting
(a) Shippers may net and/or trade imbalances incurred on
Transporter's system (defined to be the Operational Impact
Area), provided such trade(s) will not have an adverse
impact on Transporter's operations and transportation
revenues. Netting of imbalances includes summing, which is
the accumulation of all imbalances above any applicable
tolerances, and offsetting, which is the combination of
positive or negative imbalances above any applicable
tolerances. All imbalances incurred by a Shipper will be
aggregated and netted at Shipper's most upstream Primary
(b) Shippers must nominate imbalance trades. Such nominations
will be processed seven (7) days a week, but may only be
processed between 9:00 am and 5:00 pm Central Clock Time.
Transporter will assist imbalance trades by posting
imbalances on its EBB. Imbalances will be posted only at
the request of Shipper and remain posted for the lesser of
ten (10) days or until Shipper requests its removal.
Transporter shall not be liable for any losses incurred by a
Shipper if a Shipper is unable to complete an imbalance
trade once it has been nominated.
(c) Authorizations to post imbalances that are received by
Transporter by 11:45 am will be effective by 8:00 am the
next Business Day (Central Clock Time). Imbalances
previously authorized for posting will be posted on or
before the ninth Business Day of the month. Transporter
will allow the trading of imbalances until the close of the
seventeenth Business Day of the month. To account for any
imbalance remaining after imbalance trading, where
Transporter associates such imbalance with a contract, a
Shipper and Transporter will agree to designate one of the
Shipper's valid contracts for such purpose.