Viking Gas Transmission Company
First Revised Volume No. 1
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Effective Date: 07/01/2004, Docket: RP04-306-000, Status: Effective
Fourth Revised Sheet No. 35 Fourth Revised Sheet No. 35 : Effective
Superseding: Third Revised Sheet No. 35
RATE SCHEDULE LMS
LOAD MANAGEMENT SERVICE
5. MONTHLY IMBALANCES (Continued)
The Index Price shall be determined on a weekly and monthly basis. Each
Weekly Index Price shall equal the price of gas delivered to Company at
Emerson, Manitoba as published in the "Weekly Price Survey" of Gas Daily
for such week. The Weekly Index Price will be posted on Company's System a
reasonable time after receipt of Gas Daily's "Weekly Price Survey". For
purposes of determining the cash out of imbalances in accordance with
Schedules A and B herein, the "Average Monthly Index Price" shall be the
average of the Weekly Index Prices determined during a given month.
If none of the Gas Daily "Weekly Price Surveys" for a given month include a
price for gas delivered to Company at Emerson, Manitoba ("Weekly Emerson
Price"), the "Average Monthly Price Index" for such month shall be the
average of the last Weekly Emerson Price published by Gas Daily preceding
that month and the first Weekly Emerson Price published by Gas Daily
following that month.
If Gas Daily's "Weekly Price Survey" is no longer published, Company and
parties to OBAs shall meet to undertake to agree upon alternative spot
price indices.
A delivery point Balancing Party or market aggregator which has OBAs in
more than one rate zone may net the monthly imbalances between such OBAs;
provided however, that such Balancing Party or market aggregator shall pay
to Company a charge equal to the difference between the applicable daily
reservation rates applied to any excess quantities delivered in a
downstream rate zone which are netted against quantities not delivered in
an upstream rate zone.
The amounts due hereunder shall be paid in accordance with Sections 5 and 6
of the General Terms and Conditions of Company's FERC Gas Tariff; provided
that Company shall have the right, but not the obligation, to delay
invoicing for such matters until the fifteenth (15th) day of the second
month following the month of delivery.