Williston Basin Interstate Pipeline Co.

Second Revised Volume No. 1

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Effective Date: 11/01/1997, Docket: RP98- 3-001, Status: Effective

Substitute Third Revised Sheet No. 245 Substitute Third Revised Sheet No. 245 : Effective

Superseding: Second Revised Sheet No. 245

GENERAL TERMS AND CONDITIONS (Continued)

 

15. BALANCING AND NOMINATION VARIANCE PROCEDURES (Continued)

 

15.5 Cash-Out Procedure: After the period described in Subsection

15.4, Transporter and Shipper shall utilize a cash-out

procedure to be reflected in the monthly bill whereby any

remaining imbalance represented by the difference between total

receipts (net of any fuel reimbursement provided in-kind) and

total deliveries under each transportation Service Agreement

during the preceding month will be divided by either the total

deliveries in the case of a positive imbalance, or the total

receipts (net of any fuel reimbursement provided in-kind) in

the case of a negative imbalance, in order to determine the

applicable percentage of "Excess Receipts" or "Excess

Deliveries". The Index Price Multiplier applicable to the

resulting imbalance percentage as shown below will be

multiplied by the imbalance quantity and the applicable Index

 

 

 

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