Enbridge Offshore Pipelines (Utos) LLC
FIFTH REVISED VOLUME NO. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 08/01/2009, Docket: RP09-815-000, Status: Effective
First Revised Sheet No. 130 First Revised Sheet No. 130
Superseding: Original Sheet No. 130
GENERAL TERMS AND CONDITIONS
(a) A Shipper's remaining imbalance will be cashed out
based on the percentage of that imbalance compared to
the total deliveries for that Shipper during the
Month. For example, if the Total Deliveries were
1,000 Dth and the remaining underage imbalance was 100
Dth, the total Imbalance Level would be 10%. The
first 5% (50 Dth) would be cashed out at 100% of the
AMIP and the remaining 50 Dth would be cashed out at
110% of the AMIP.
(b) The Average Monthly Index Price (AMIP) is the
arithmetic average of the Weekly Index Prices (WIPs).
The WIP for any week is the arithmetic average of the
following two index prices reported in "Gas Price
Report" issued by "Natural Gas Week":
(1) Louisiana, Gulf Coast, Onshore, Spot Delivered to
(2) Louisiana, Gulf Coast, Offshore, Spot Delivered
In calculating the AMIP, the WIPs will be based on the
prices reported in the issue of "Natural Gas Week"
dated on or after UTOS' nomination deadline for first
of the Month service for that Month, and the
subsequent issues dated prior to UTOS nomination
deadline for the following Month's first of the Month
(c) Shippers with remaining imbalances shall pay UTOS or
will be credited with the appropriate cashout amounts.
(d) In the event "Natural Gas Week" ceases to publish
entirely or fails to publish the index prices listed
in subsection (b) above, the following procedures
shall apply in determining a Month's AMIP:
(1) Should, in any given week, "Natural Gas Week"
fail to publish one of the two index prices used
in determining that week's WIP, the WIP will be
determined using the remaining published index
(2) Should, in any given week, "Natural Gas Week"
fail to publish both of the index prices used in
determining that week's WIP, there will be no WIP
for that week used in determining the Month's
(e) In the event the foregoing prices are no longer
available or valid UTOS will file to change the Tariff
and may, at its discretion, select a representative
price in the interim period, subject to adjustment.