Kinder Morgan Louisiana Pipeline LLC

Original Volume No. 1

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Effective Date: 03/01/2009, Docket: RP09-257-000, Status: Effective

Original Sheet No. 154 Original Sheet No. 154

 

GENERAL TERMS AND CONDITIONS

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(a) Imbalances under a Shipper's different Agreements

will then be netted together to obtain the Shipper's Total Aggregate

Imbalance. If the Total Aggregate Imbalance exceeds the sum of the

Maximum Aggregate Imbalance for all of Shipper's Agreements, proceed

to (b).

 

(b) To assist Shippers in arranging offsets, KMLP will

post on its Interactive Website the Total Aggregate Imbalance of any

Shipper which has notified KMLP that it has elected to have such

information posted. Notification by the Shipper may be in writing

or on KMLP's Interactive Website and shall be effective by 8:00 a.m.

on the next Business Day (Central Clock Time) if the notification is

received by 11:45 a.m. on a Business Day. Shippers shall have the

ability to post and trade imbalances at any time, even if the

Shipper Total Aggregate Imbalance is less than the sum of the

Maximum Imbalance for all Agreements, and imbalance information

shall remain posted for the period requested by Shipper until

notified that Shipper no longer wants posting.

 

(c) KMLP shall enable the imbalance trading process via

its Interactive Web Site or via EDI by:

 

(1) Receiving the Request for Imbalance Trade,

 

(2) Receiving the Imbalance Trade Confirmation,

 

(3) Sending the Imbalance Trade Notification, and

 

(4) Reflecting the trade as soon as feasible

 

(d) Imbalance trades can only be withdrawn by the

initiating trader and only prior to the confirming trader's

confirmation of the trade. Imbalance trades are considered final

when confirmed by the confirming trader and effectuated by KMLP.

 

(e) After receipt of an Imbalance Trade Confirmation,

KMLP shall send the Imbalance Trade Notification to the initiating

trader and the confirming trader no later than noon (Central Clock

Time) the next Business Day.

 

(f) All trade requests for trades and accommodations

will be initiated via Interactive Website or other mutually

agreeable electronic means.