MidContinent Express Pipeline LLC
Original Volume No. 1
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Effective Date: 04/10/2009, Docket: RP09-136-000, Status: Effective
Original Sheet No. 165 Original Sheet No. 165
GENERAL TERMS AND CONDITIONS
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10.5 DETERMINING IMBALANCES OR CASHOUT
(a) OPERATIONAL DATA VS. ACTUALS
In determining the cashout tiers applicable under
Section 10.4 above, MEP will utilize the operational data posted on
Transporter's Interactive Website as of the end of the Month or the
actual flow volumes, whichever results in a lower cost impact to
Shipper.
(b) PRIOR PERIOD ADJUSTMENTS
Any imbalances for a Month that are booked after
the transportation for that Month has been billed will be cashed out
at 100% of the applicable OAMIP or UAMIP in effect during the Month
the Imbalance occurred.
10.6 PURCHASE AND SALE OF GAS
(a) MEP is not providing a supply service under any
Rate Schedule of this Tariff. Nevertheless, without limitation of
the foregoing, MEP may buy and sell Gas to the extent necessary to
maintain System pressure, to balance the system as necessary to
assure MEP's ability to perform and to continuing performing firm
service, to implement the cashout procedures under this Section 10
and to perform other functions in connection with providing
transportation service and operating its transmission System. The
point of any such sale shall occur at existing Receipt or Delivery
Points on the MEP System or at a Pooling Point. Such sales shall be
authorized pursuant to MEP's blanket sales certificate. Nothing
herein shall impose on MEP any obligation to provide a supply
function to any of its Shippers. In any such instance, on the next
Monthly invoice, MEP will reflect the purchase and sales amounts as
an additional charge or credit, as applicable. The amounts reflected
shall be supported by information which shows that the price was
reasonably consistent with one or more price indices commonly
utilized in the industry for the area, such as those used to
determine DIP, or by a detailed explanation as to why the available
indices were not appropriate under the circumstances.