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.