Wyoming Interstate Company, Ltd.
Second Revised Volume No. 2
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Effective Date: 04/12/2010, Docket: RP10-491-000, Status: Effective
Fifth Revised Sheet No. 72A Fifth Revised Sheet No. 72A
Superseding: Fourth Revised Sheet No. 72A
GENERAL TERMS AND CONDITIONS
(Continued)
10. IMBALANCE MANAGEMENT (Continued)
10.3 Cash Out (Continued)
(b) Determination of Cash Out Liabilities
(i) Shipper shall not be subject to Cash Out Penalty if the
imbalance occurs at an interconnection between
Transporter's system and another interstate pipeline,
and Shipper is not at fault for the imbalance.
(ii) Imbalances for which the Shipper has not elected to be
held open for Trade shall be valued at the Cash Out
Index Price for the Month that the imbalance
accumulated. The Cash Out Index Price for imbalances
that were held open for Trade shall be valued at the
higher of the accumulation Month or the Trade Month for
imbalances due Transporter and the lower of the
accumulation Month or the Trade Month for imbalances
due the Shipper.
(iii) Cash Outs shall be priced at the following premium or
discount from the Cash Out Index Price. The imbalance
percentage shall be determined by comparing the size of
the imbalance to the larger of total Receipt or total
Delivery Quantities for the Agreement under which the
imbalance is being Cashed Out. The imbalance percentage
for remaining Trade imbalances will be as determined in
the Month that the imbalance accumulated. The
appropriate Cash Out Index Price shall be subject to a
premium for quantities owed to Transporter and subject
to a discount for quantities owed to Shipper.