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. 385 Original Sheet No. 385 : Pending
GENERAL TERMS AND CONDITIONS
(c) Natural shall enable the imbalance trading process
(1) Receiving the Request for Imbalance Trade,
(2) Receiving the Imbalance Trade Confirmation,
(3) Sending the Imbalance Trade Notification, and
(4) Reflecting the trade prior to or on the next
monthly Shipper Imbalance or cashout.
(d) Imbalance trades can only be withdrawn by the
initiating trader and only prior to the confirming trader's
confirmation of the trade. Imbalance trades are considered final
when confirmed by the confirming trader and effectuated by Natural.
(e) After receipt of an Imbalance Trade Confirmation,
Natural shall send the Imbalance Trade Notification to the
initiating trader and the confirming trader no later than noon
(Central Clock Time) the next Business Day.
(f) Shipper imbalances remaining after the imbalance
netting and trading procedures set out in subsections (a)-(e) shall
be cashed out as described in Section 13.3 of these General Terms