Viking Gas Transmission Company
First Revised Volume No. 1
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Effective Date: 10/14/2005, Docket: RP05-670-000, Status: Effective
Third Revised Sheet No. 120 Third Revised Sheet No. 120 : Effective
Superseding: Second Revised Sheet No. 120
OPERATIONAL BALANCING AGREEMENT
(For Use at Receipt Point(s))
ARTICLE I
NOMINATIONS AND CONFIRMATIONS
(Continued)
quantities to be transported at any Receipt Point(s) in accordance with the above,
and such failure continues for fifteen (15) days or more (whether or not such days
are consecutive) after 24-hour written notice to the Balancing Party by Company for
each occurrence of Balancing Party's failure to respond, then this Agreement shall
terminate upon written notice from Company at the end of that calendar month (and
such Receipt Point(s) will be deleted from Exhibit A upon written notice from
Company at the end of the calendar month and shall no longer be subject to this
Agreement). If, subsequent to the deletion of the Receipt Point from this
Agreement, Balancing Party demonstrates to Company's satisfaction that Balancing
Party will respond to confirmation requests in accordance with this Agreement, then
the Receipt Point may be added to Exhibit A.
1.2 Allocations Based on Confirmed Nominations - The Parties intend that the quantity
actually delivered at the Receipt Point(s) will be equal to the confirmed
nominations. Balancing Party shall use all reasonable efforts to ensure that the
quantities actually delivered at the Receipt Point(s) are equal to the confirmed
nominations. Unless prohibited by applicable law or regulation, all transportation
services provided by Company shall be allocated each Gas Day based upon the
confirmed nominations set forth in Section 1.1 above, or by such other methods as
may be mutually agreed to by both Parties.
1.3 Allocation of Variances - The difference on any Gas Day between the confirmed
nominations set forth in Section 1.1 above and the total actual quantity delivered
at the Receipt Point(s) as shown on Exhibit "A" shall be the Daily Operational
Imbalance and shall be allocated to this Agreement. The differences between the sum
of the confirmed nominations set forth in Section 1.1 above during a calendar month
and the total actual quantity delivered at the Receipt Point(s), as shown on
Exhibit "A", during the calendar month shall be the Monthly Operational Imbalance.
Any Operational Imbalances will be corrected in accordance with Article II.
1.4 Reports on Actual Deliveries - The Balancing Party shall provide meter statements
within five (5) Business Days after the close of a calendar month at any Receipt
Point(s) where Company does not operate the meter. If the Balancing Party does not
provide such information or meter statements at any Receipt Point(s), or the
information provided contains significant inaccuracies as reasonably determined by
Company, and such conditions continue for fifteen (15) days or more (whether or not
such days are consecutive) after the first notice to the Balancing Party, then this
Agreement shall terminate upon written notice from Company at the end of that
calendar month (and such Receipt Point(s) will be deleted from Exhibit A upon
written notice from Company at the end of that calendar month). Any Receipt Point
which is deleted from this Agreement in accordance with this section, may be added
to Exhibit A in the future if the Parties mutually agree.