Natural Gas Pipeline Company Of America
Seventh Revised Volume No. 1
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Effective Date: 04/18/2008, Docket: RP08-319-000, Status: Effective
Original Sheet No. 372 Original Sheet No. 372 : Pending
GENERAL TERMS AND CONDITIONS
The determination related to the prior sentence shall be made at the end
of the month and any volumes in excess of the 2% cashed out. Such cashout
shall be implemented without offset, netting, trading, in accordance with
Section 13.3 of these General Terms and Conditions, except that imbalances
from 2% to 5% shall be cashed out in the 5% to 10% tier.
(3) Volumes under Applicable Agreements equal to
available rights to inject gas (net of withdrawals) pursuant to DSS
Agreements held by the point operator shall next be deemed injected for
that day into the point operator's DSS accounts. If the point operator
has more than one DSS Agreement at one point, volumes shall be allocated
among such Agreements by a method which is mutually agreeable to Natural
and the point operator.
(4) Volumes under Applicable Agreements equal to
the sum of confirmed nominations at the point (net of withdrawals)
pursuant to all FTS, FFTS, FTS-G and ITS Agreements held by the point
operator shall next be deemed injected under FTS-NB, FFTS-NB and FTS-G/NB
Applicable Agreements, if any, held by the point operator up to the MDQ at
the point under such Agreements (even if such injections result in an
overrun of point operator's NSS rights). If the point operator has more
than one FTS-NB, FFTS-NB or FTS-G/NB Agreement at the point, volumes shall
be allocated among such Agreements by a method mutually agreeable to
Natural and the point operator.
(5) To the extent less volumes have been delivered
on any day than are accounted for by applying steps (1) through (4), such
shortfall shall be allocated for that day to the point operator's account
and shall be subject to any applicable charges under Section 12 of these
General Terms and Conditions [it being understood that the allowable
balancing service to be provided without additional charge under Section
12 has already been provided under step (2) above].
(d) Allocation of volumes between pipeline legs
(Amarillo or Gulf Coast) under subsection (b) or (c) shall be in
accordance with Section 5.6(c) of these General Terms and Conditions.
(e) To be eligible for a Point Operator Allocation
Agreement, a prospective point operator must meet the same
creditworthiness standards as a Shipper. Further, Natural and the point
operator must not have previously entered into such an agreement which was
terminated because of point operator's failure to perform. Nothing herein
is intended to restrict Natural's right to terminate in accordance with
its terms any Point Operator Allocation Agreement entered into hereunder,
including without limitation the right to terminate because of point
operator's failure to perform consistent with its obligations under the
Point Operator Allocation Agreement.