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.