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. 122 Original Sheet No. 122

 

GENERAL TERMS AND CONDITIONS

(continued)

 

 

12.2 Shipper shall cash out Transportation Imbalances created as a result

of post-Month changes to prior Month receipt or delivery

allocations, measurements or other adjustments at the reference

prices applicable to the Month of gas flow pursuant to GT&Cs Section

12.7.

 

12.3 Netting. For each Month, all cumulative Transportation Imbalances

will be netted among all Service Agreements under which the Shipper,

the Imbalance Agent and the billable party coincide.

 

12.4 Trading. Trading of the previous Month's netted Transportation

Imbalances will be allowed between Imbalance Agents (or the

Shipper(s) if no Imbalance Agents exists) from the 1st calendar day

until the end of the 17th Business Day following the end of the

Month. Trading will be allowed when the resulting trade will reduce

the Transportation Imbalances for each Shipper or their Imbalance

Agent. There will be no fee for trading.

 

12.5 Final Resolution of Transportation Imbalances. If Shipper has a

Transportation Imbalance remaining after the close of the trading

period, such imbalance will be cashed out in accordance with the

cash out provisions set forth in GT&Cs Section 12.

 

12.6 Shipper or their agents may nominate transactions (in accordance

with GT&Cs Section 5) during the Month to correct Transportation

Imbalances. Third parties may offer imbalance management services

to Shippers on Pipeline's system. Pipeline's ability to receive or

deliver Transportation Imbalance quantities shall be dependent upon

Pipeline's physical operations, and Pipeline is under no obligation

to allow receipt or delivery of such quantities for resolution of

Transportation Imbalances if it determines, in its sole opinion,

such activity would jeopardize pipeline operations or impede

Pipeline's ability to meet any of its service obligations to its

other customers.