Wyoming Interstate Company, Ltd.

Second Revised Volume No. 2

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Effective Date: 04/12/2010, Docket: RP10-491-000, Status: Effective

Original Sheet No. 72.01 Original Sheet No. 72.01

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

10. IMBALANCE MANAGEMENT (Continued)

 

10.2 Imbalance Adjustments (Continued)

(d) Imbalance Trades (Continued)

 

(v) Only Trades which have the effect of reducing a

Shipper's imbalances are permitted (i.e., the maximum

quantity which may be Traded is the smaller of the

excess or shortfall under the Shipper's Agreements

affected by the Trade).

 

(vi) Transporter shall permit Trade arrangements at no

additional cost to the Shippers.

 

(vii) After completion of all Trade transactions, Transporter

shall apply the Traded imbalance quantities to Shipper's

original Agreement-level imbalances. Agreements with the

largest percentage imbalances (see Section 10.3 below

for percentage calculation) shall be credited with Trade

quantities first. Trade quantities shall be applied to

Agreement-level imbalances until the Trade quantities

have been fully allocated.

 

10.3 Cash Out. All remaining imbalances shall be subject to the following

Cash Out provisions.

 

(a) Determination of Cash Out Quantities. The term "Cash Out" shall

refer to the application of a market-related rate to an

end-of-month imbalance pursuant to this Section 10. Application

of the Cash Out process will result in a monetary value due to

the Shipper or Transporter which upon payment, will result in

reduction of the imbalance to zero.

 

(i) Transporter shall determine the imbalance quantity

applicable to each Agreement through the last Day of the

Month.

 

(ii) Shippers shall have the opportunity to reduce the

end-of-month imbalances to the extent practicable

pursuant to this Section 10. Such reductions, if any,

shall determine a final imbalance for each Agreement.

 

(iii) Transporter and Shipper shall Cash Out by applying the

Cash Out Index Price to the final imbalance quantity.