Trailblazer Pipeline Company
Fourth Revised Volume No. 1
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Effective Date: 12/28/2007, Docket: RP08-168-000, Status: Effective
Original Sheet No. 161 Original Sheet No. 161 : Effective
GENERAL TERMS AND CONDITIONS
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In calculating the AMIP, the WIPs will be based on the prices
reported in the issue of "Natural Gas Week" dated on or after
Trailblazer's nomination deadline for first of the month service
for that month, and the subsequent issues dated prior to
Trailblazer's nomination deadline for the following month's first
of the month service.
(d) Following the ten (10) day period for offsetting
imbalances, Shippers with remaining imbalances shall pay
Trailblazer or will be credited with the appropriate cashout
amounts.
(e) In the event "Natural Gas Week" ceases to publish
entirely or fails to publish the index prices listed in subsection
(c) above, the following procedures shall apply in determining a
month's AMIP:
(1) Should, in any given week, "Natural Gas
Week" fail to publish one of the two index prices used in
determining that week's WIP, the WIP will be determined using the
remaining published index price.
(2) Should, in any given week, "Natural Gas
Week" fail to publish both of the index prices used in determining
that week's WIP, there will be no WIP for that week used in
determining the month's AMIP.
(3) Should, in a given month, there be less than
two WIP's available for the AMIP calculation, the following
alternate AMIP procedures will apply: The AMIP will be defined as
the arithmetic average of:
(i) The closing price for the NYMEX
natural gas futures contract applicable to the month in which the
imbalance was created (i.e., the price at which that month's
contract "went off the board"); and
(ii) The individual daily closing prices
for the following month ("spot month" or "near month") NYMEX
natural gas contract during the month in which the imbalance was
created, up to and including the day the "spot month" contract
"goes off the board."