Young Gas Storage Company, Ltd.
Original Volume No. 1
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Effective Date: 08/01/2010, Docket: RP10-921-000, Status: Effective
Third Revised Sheet No. 70 Third Revised Sheet No. 70
Superseding: Substitute Second Revised Sheet No. 70
GENERAL TERMS AND CONDITIONS
(vi) Scheduling of Intraday Nominations shall be based on
the elapsed pro rata Scheduled Quantities.
Elapsed-prorated-Scheduled Quantity means that portion
of the Scheduled Quantity that would have theoretically
flowed up to the effective time of the Intraday
Nomination being confirmed, based upon a cumulative
uniform hourly quantity for each Nomination period
affected. (NAESB Standard 1.2.12)
(vii) Intraday Nominations may be submitted to increase or
decrease total Gas flow, to Nominate new supplies or
markets, and may be used to change Point(s) of
Injection and Withdrawal. (NAESB Standard 1.3.11 and
NAESB Standard 1.3.33) However, requests for decrease
in flow shall only be accepted to the extent they do
not represent a decrease below previous Confirmed
Quantities which would have flowed on the requested Gas
Day prior to the Nominated decrease, assuming even
hourly flow rates.
(viii) Intraday Nominations shall be considered complete upon
Transporter's receipt of a valid Nomination and the
corresponding up and downstream Confirmations.
(ix) Intraday Nominations do not rollover (i.e. Intraday
Nominations span one Day only). Intraday Nominations do
not replace the remainder of a standing Nomination.
There is no need to re-Nominate if Intraday Nomination
modified existing Nomination. (NAESB Standard 1.3.13)
However, Confirmed Intraday Nominations under Rate
Schedule FS-1 may supersede previously Confirmed
Nominations under Rate Schedule IS-1 upon reasonable
notice to the Rate Schedule IS-1 Shipper.
(x) Intraday Nominations which are not able to be Confirmed
are considered to be void.