Westgas Interstate, Inc.
First Revised Volume No. 1
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Effective Date: 11/01/2000, Docket: RP01- 55-001, Status: Effective
Original Sheet No. 47A Original Sheet No. 47A : Effective
GENERAL TERMS AND CONDITIONS
(a) Shippers are responsible for making whatever
arrangements they deem necessary to finalize and
document the imbalance trade between themselves.
(b) Shippers may post notice of imbalances
available for trade on Transporter's Electronic
Bulletin Board. Shippers may also request
Transporter, in writing, to post notice of
imbalances available for trade on Transporter's
Electronic Bulletin Board for the Shipper.
Imbalances to be posted for trading must be
authorized by the Shipper. Authorizations to post
imbalances that are received by Transporter by
11:45 a.m. shall be effective by 8:00 a.m. the
next Business Day (central clock time).
Imbalances previously authorized for posting
should be posted on or before the ninth Business
Day of the Month. Posted imbalances may be viewed
and downloaded upon request. Transporter shall
not be required to post zero imbalances.
(c) Imbalance trading will be allowed between the
ninth and seventeenth Business Day of each month.
Transporter will provide the ability to post and
trade imbalances until the close of the
seventeenth Business Day of the Month.
(d) Only trades which have the effect of reducing
imbalances on individual service agreements shall
(e) Shipper must notify Transporter in writing of
the material terms of the trade arrangement. When
trading imbalances, a quantity must be specified.
Shipper's written notice will be deemed to be the
Shipper's direction to Transporter to make the
imbalance trade on the Shipper's account.
Imbalance trades can only be withdrawn by the
initiating trader and only prior to the confirming
trader's confirmation of the trade. Imbalance
trades will be considered final when confirmed by
the confirming trader and effectuated by
Transporter. After receipt of an imbalance trade
confirmation, Transporter will post trade results
on its Electronic Bulletin Board.