Cameron Interstate Pipeline, LLC

Original Volume No. 1

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Effective Date: 11/01/2008, Docket: RP08-647-000, Status: Effective

Original Sheet No. 84 Original Sheet No. 84

 

GENERAL TERMS AND CONDITIONS

(continued)

 

 

(d) Pipeline will refund or carry forward, for each calendar

year, any difference between the revenues received by

Pipeline and the costs incurred by Pipeline associated

with Pipeline's OBAs. To the extent the difference

between such revenues and costs during any calendar year

is less than Four Hundred Thousand Dollars ($400,000),

Pipeline shall carry forward the difference to the next

calendar year. To the extent the difference, inclusive

of carried over amounts, is greater than Four Hundred

Thousand Dollars ($400,000), Pipeline shall refund or

invoice each OBA Party in proportion to such OBA Party's

receipt and delivery of gas from or to Pipeline's system

relative to such receipt and delivery by all OBA Parties

during such calendar year, within one-hundred twenty

(120) Days after the end of the calendar year.

 

7.2 Determination of Receipts

 

A Shipper's receipts shall be the scheduled quantities transported

to the Receipt Point(s), plus the Fuel Retainage Percentage. Any

imbalances resulting from a variation between the aggregate of

Shipper's receipts and measured flow at an interconnect shall be

managed pursuant to an OBA with an upstream operator.

 

Shipper shall be responsible for any imbalances that it creates on

upstream facilities. Such imbalance charges and penalties on

upstream facilities shall be recovered by the upstream operator

directly from the Shipper.

 

7.3 Determination of Deliveries.

 

The Delivery Point operator shall have sole physical control of a

Delivery Point, including access to the measured volumes and shall

maintain firm contract entitlements that are sufficient to control

imbalances at the Delivery Point, and that reflect Primary Delivery

Point entitlements corresponding to the Delivery Point.

 

(a) Each Delivery Point operator which takes gas quantities

from Pipeline's system shall, in accordance with the

nomination and ranking deadlines set forth in GT&Cs

Section 5, provide Pipeline (or Shipper shall cause the

interconnecting Delivery Point operator to provide

Pipeline, if applicable) with a predetermined allocation

("PDA") at the Delivery