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. 125 Original Sheet No. 125

 

GENERAL TERMS AND CONDITIONS

(continued)

 

 

For purposes of determining the tier at which a

Transportation Imbalances will be cashed out, the price

will apply only to quantities within a tier. For

example, if there is a 6% Transportation Imbalance,

quantities that comprise the first 2% of the

Transportation Imbalance are priced at 100% of the

Applicable Price, quantities comprising 3% of the

Transportation Imbalance are priced at 105% of the

Applicable Price, and quantities comprising the

remaining 1% of the Transportation Imbalance are priced

at 115% of the Applicable Price.

 

(b)(2) Subject to the provisions of GT&Cs Sections 12.3 and

12.4, if Shipper's Net Monthly Imbalance is less than or

equal to 1,000 Dth, Shipper shall pay Pipeline for

Shipper Net Monthly Imbalance at the Applicable Price.

 

(c)(1) Subject to the provisions of GT&Cs Sections 12.3 and

12.4, if Shipper has accrued a Net Monthly Imbalance

such that the total quantities of gas received by

Pipeline for Shipper's account during the Month are

greater than the total quantities of gas delivered by

Pipeline for Shipper's account during the Month

("Positive Imbalance") and such Net Monthly Imbalance is

greater than 1,000 Dth, Pipeline shall purchase such

Positive Imbalance from and pay Shipper for its Net

Monthly Imbalance at the following prices specified for

Shipper's Net Imbalance Percentage for the Month: