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. 167 Original Sheet No. 167
GENERAL TERMS AND CONDITIONS
(b) The Third Party Balancing Agreement must be
executed by MEP, the firm Shipper and any third party performing
imbalance management. The Third Party Balancing Agreement must allow
the third party imbalance management to be integrated into MEP's
(1) MEP must have the right to call on the third
party provider(s) for the agreed imbalance management on short
notice, within defined parameters, to effectuate necessary
(2) MEP must be given timely notice of the
nature and level of the imbalance management being provided by the
third party provider(s) pursuant to the Third Party Balancing
Agreement on any Day.
(3) The Third Party Balancing Agreement must:
(i) define the operational changes the third party provider(s) will
effectuate to offset the operational effects on MEP of imbalances at
points on the System covered by the Third Party Balancing Agreement;
and (ii) identify the resources or services which the third party
provider(s) will utilize to implement such changes.
(4) Any third party providing imbalance
management must be able to deliver or receive Gas, as applicable, at
the prevailing operating pressure on MEP's System at the relevant
point(s) and the Third Party Balancing Agreement must so specify.
(5) Unless otherwise agreed, any imbalance to be
covered by a Third Party Management Agreement shall reside at the
point of interconnection between MEP and the entity providing the
imbalance management service.
(c) The Third Party Balancing Agreement shall specify
the Agreements and the points to be balanced and must set out the
Agreement of the parties as to how imbalances are to be allocated to
and accounted for at the point(s) covered by the Third Party
Balancing Agreement and any limitations on the level of imbalances to
be managed under the Third Party Balancing Agreement.
(d) (1) The physical facilities or resources of the
third party provider(s) (or used by such third party or parties) to
perform the imbalance management must be capable of supporting the
operational effects necessary to perform imbalance management, which
may require almost instantaneous operational changes on MEP.