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. 128 Original Sheet No. 128

 

GENERAL TERMS AND CONDITIONS

(continued)

 

 

In the event any of these publications or specific

postings contained therein is discontinued, Pipeline

will revise this Section 12.7(d) to substitute another

price index generally accepted in the natural gas

industry. Until Pipeline receives approval from the

Commission to use such substitute index, Pipeline will

continue to use the Index Prices each Month based on the

remaining indices.

 

Pipeline shall not calculate Shipper's Net Imbalance

Percentage under GT&Cs Section 12.7(a) for a Month until

all trades for such Month are completed pursuant to

GT&Cs Section 12.4.

 

 

12.8 Transportation Imbalance Cash-Out Revenue. Pipeline will refund or

carry forward, for each calendar year, any difference between the

revenues received by Pipeline and the costs incurred by Pipeline as

a result of cashing out Transportation Imbalances. To the extent

the difference between such revenues and costs during any calendar

year, plus any amounts carried over from prior years, 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 Shipper on Pipeline's system in proportion to such

Shipper's use of Pipeline's system during such calendar year within

one-hundred twenty (120) Days after the end of the calendar year.

 

12.9 The monthly cash out provisions set forth herein apply to the extent

that a Transportation Imbalance is not caused by events of force

majeure, as defined in Section 21 of the GT&Cs, or not caused by

Pipeline negligence.