Viking Gas Transmission Company

First Revised Volume No. 1

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Effective Date: 07/01/2004, Docket: RP04-306-000, Status: Effective

Seventh Revised Sheet No. 33 Seventh Revised Sheet No. 33 : Effective

Superseding: Substitute Sixth Revised Sheet No. 33

 

RATE SCHEDULE LMS

LOAD MANAGEMENT SERVICE

 

 

4. DAILY VARIANCES (Continued)

 

(b) A Balancing Party electing Daily Demand Service shall pay the daily overrun

charges for that portion of a daily variance that exceeds 5 percent of the

scheduled quantities plus the DDQ specified in its OBA. A Balancing Party

electing Daily Demand Service may also be subject to an unauthorized overrun

charge for quantities outside of the daily limitation as set forth in Section 29

of the General Terms and Conditions. A Balancing Party electing Daily Demand

Service that is a Consenting Party under the terms and conditions of the Docket

No. RP02-132-000 Stipulation and Agreement shall pay the Daily Overrun Rate set

forth in the Statement of Rates for that portion of a daily variance that exceeds

the greater of 500 Dth or 5 percent of the scheduled quantities plus the DDQ

specified in its OBA.

 

(c) A Balancing Party not electing Daily Demand Service shall pay daily overrun

charges for that portion of a daily variance that exceeds 5 percent of the

scheduled quantities. A Balancing Party may also be subject to an unauthorized

overrun charge for quantities outside of the daily limitation as set forth in

Section 29 of the General Terms and Conditions. A Balancing Party not electing

Daily Demand Service that is a Consenting Party under the terms and conditions of

the Docket No. RP02-132-000 Stipulation and Agreement shall pay the Daily Overrun

Rate set forth in the Statement of Rates for that portion of a daily variance that

exceeds the greater of 500 Dth or 5 percent of the scheduled quantities.

 

(d) Based upon the best information available, Balancing Party shall take action to

correct any imbalances occurring during the month by making adjustments in

nominations, receipts or deliveries. If Balancing Party fails to take such

corrective action, then Company may, upon 48 hours notice, adjust Balancing

Party's scheduled receipts and deliveries over the remainder of the calendar month

in order to maintain a balance of receipts, deliveries and nominations.

 

(e) Section 27 of the General Terms and Conditions shall apply to Rate Schedule LMS

Service. Adjustments under Section 27 shall be listed on the Statement of Rates

in Company's FERC Gas Tariff.

 

5. MONTHLY IMBALANCES

 

(a) Monthly Imbalance Trading

 

(i) Availability

 

Monthly Imbalance Trading shall be available to any non-interstate

pipeline, market aggregator, receipt point Balancing Party, delivery point

Balancing Party or its designated agent. Monthly Imbalance Trading shall

mean the trading of the monthly imbalances between two such Balancing

Parties for the month in which the imbalances occurred.