Riverside Pipeline Company, L. P.

First Revised Volume No. 1

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Effective Date: 10/01/1993, Docket: RS92- 48-001, Status: Effective

Original Sheet No. 94 Original Sheet No. 94 : Effective

 

 

GENERAL TERMS AND CONDITIONS

 

 

15. CONDITIONS OF RECEIPT AND DELIVERY; BALANCING (Cont'd)

 

15.2 (b) (2) Second, any Shipper with a positive or negative total

monthly imbalance may trade this imbalance with

another Shipper holding an opposite imbalance within

10 days of the receipt of the invoice setting forth

such monthly imbalance, provided (i) the rates charged

under the applicable Service Agreements are the same

and (ii) the imbalances have arisen on the same

segment of Riverside's system. Riverside shall

facilitate trading of positive and negative imbalances

between Shippers by posting notice of such imbalances

that are available for trade within one business day

of a Shipper's request to post same. Any Shippers

effectuating an imbalance trade must so notify

Riverside within 10 days of receipt of the invoice

setting forth the imbalance. Riverside shall cancel

all or a portion of the total monthly imbalances, as

appropriate, of the trading shippers, and shall

confirm such imbalance cancellation in its invoices to

such Shippers for the next following billing period.

 

(3) Third, any Shipper with a monthly imbalance may elect

to make up such imbalance in kind within 10 days of

the date of receipt of the invoice setting forth the

monthly imbalance, subject to available capacity.