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. 388 Original Sheet No. 388 : Pending

 

 

GENERAL TERMS AND CONDITIONS

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13.4 OPERATIONAL DATA VS. ACTUALS

 

In determining the cashout tier applicable under

Section 13.3 above, Natural will utilize the operational data

posted on its Interactive Website as of the end of the month or the

actual flow volumes (or, if actual flow volumes are not available

at the time of billing, the reasonable estimates), whichever

results in a lower cashout tier.

 

13.5 PRIOR PERIOD ADJUSTMENTS

 

Any imbalances for a month that are booked after the

transportation for that month has been billed as a result of

receiving actual or corrected flow information will be cashed out

at 100% of the AMIP in effect during the month the imbalance

occurred.

 

13.6 IMBALANCES THAT OCCURRED PRIOR TO DECEMBER 1, 1993

 

Notwithstanding anything to the contrary in this

Section 13, any imbalances under Shipper's effective or terminated

FTS or ITS Agreement(s) applicable to the period prior to

December 1, 1993 that have not been made up by that date, will be

cashed out as follows:

 

(a) All overages (where Natural owes gas to Shipper)

will be netted against underages (where Shipper owes gas to

Natural) under all of Shipper's transportation agreements with

Natural (including transportation and exchange agreements filed in

Volume No. 2 of Natural's FERC Gas Tariff). In netting overages

with underages, the oldest monthly imbalances will be netted first,

so that any remaining imbalance after netting will be attributable

to the most recent months in which the overages or underages

occurred.

 

(b) Any remaining imbalances under the FTS and ITS

Agreements will then be cashed out at one hundred percent (100%) of

the AMIP applicable to the month in which the imbalance occurred.

 

(c) Natural shall credit Shipper's account or shall

bill Shipper the appropriate amount for the remaining imbalance by

March 15, 1994, except for that portion of the remaining imbalance

which is in dispute. For a portion of the remaining imbalance to

be considered to be in dispute, the Shipper must have submitted a