Viking Gas Transmission Company
First Revised Volume No. 1
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Effective Date: 02/01/2001, Docket: RP01- 47-001, Status: Suspended
Original Sheet No. 33B Original Sheet No. 33B : Suspended
RATE SCHEDULE LMS (Continued)
Before Transporter shall facilitate the imbalance trade, the Confirming Trader
must verify the terms of the trade and, in the form prescribed by Transporter,
notify Transporter of its acceptance of such terms.
Transporter shall notify both the Initiating Trader and the Confirming Trader
of Transporter's acceptance of the imbalance trade no later than noon (CCT) on
the first business day after the Confirming Trader has notified Transporter of
its acceptance of the terms of the trade.
Any imbalance trade must be requested and confirmed by no later than the fifth
business day after the end of the month in which the imbalances occurred.
Imbalance trades may only be withdrawn by the Initiating Trader and only prior
to the acceptance of the trade by the Confirming Trader. Imbalance trades are
considered final when the Transporter is notified of the Confirming Trader's
acceptance of the terms of the trade and the trade is effectuated by Transporter.
Transporter shall permit imbalance trades to the extent operationally feasible.
Imbalance trades within an Operational Impact Area shall be facilitated at no
cost, except the Initiating Trader shall pay for any fuel and losses resulting
from the trade. In the event that the Operators desire to trade imbalances
across Operational Impact Areas, the Initiating Trader shall also be subject to
any and all charges for transportation service across the Operational Impact
Areas. For any trade effectuated by Transporter, each party to the trade
shall pay Transporter a transaction service charge of $100.00.
Transporter shall reflect the imbalance trade in the month in which it occured
on that month's Imbalance Statement for both parties to the trade.
(b) Operator's monthly imbalance shall reflect the net total of daily variances from all
points covered by the OBA and any imbalance trades implemented under section 6(a) above.
Unless Transporter and Operator mutually agree to correct the imbalance in kind on a
nondiscriminatory basis, each month Transporter and Operator shall "cash out" any
imbalance between scheduled nominations at receipt points covered by a receipt point OBA
and between deliveries and scheduled nominations at delivery points covered by a
delivery point OBA. Transporter shall divide the monthly imbalance by the sum of the
scheduled nominations for all days of the month for all points covered by the OBA to
determine the monthly imbalance to be cashed out as set forth below: