Kinder Morgan Louisiana Pipeline LLC
Original Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 03/01/2009, Docket: RP09-257-000, Status: Effective
Original Sheet No. 158 Original Sheet No. 158
GENERAL TERMS AND CONDITIONS
----------------------------
10.9 PURCHASE AND SALE OF GAS
KMLP is not providing a supply service under any Rate
Schedule of this Tariff. Nevertheless, without limitation of the
foregoing, KMLP may buy and sell Gas to the extent necessary to
maintain System pressure, to balance the system as necessary to assure
KMLP'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 KMLP
System. Such sales shall be authorized pursuant to KMLP's blanket
sales certificate. Nothing herein shall impose on KMLP any obligation
to provide a supply function to any of its Shippers. In any such
instance, on the next Monthly invoice, KMLP will reflect the purchase
and sales amounts as an additional charge or credit, as applicable.
The amounts reflected shall be supported by information which show
that the price was reasonably consistent with one or more price
indices commonly utilized in the industry for the area or by a
detailed explanation as to why the available indices were not
appropriate under the circumstances.
10.10 THIRD PARTY BALANCING
At any time during the term of its firm Agreement(s) on
KMLP, a firm Shipper may request that KMLP enter into a Third Party
Balancing Agreement. A Third Party Balancing Agreement is a contract
executed by KMLP, the firm Shipper and one or more third parties which
agree to manage imbalances of that Shipper under specified firm
Agreement(s) on KMLP. KMLP will enter into a Third Party Balancing
Agreement, subject to the following conditions:
(a) The third party provider(s) must obtain all requisite
regulatory approvals of any service (certification, approval of
tariffs, establishment of rates, etc.) which is being relied upon to
perform the imbalance management;
(b) The Third Party Balancing Agreement must be executed
by KMLP, 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 KMLP's operations.