Stingray Pipeline Company, L. L. C.

Third Revised Volume No. 1

 Contents / Previous / Next / Main Tariff Index

 

 

Effective Date: 11/01/2008, Docket: RP08-436-000, Status: Effective

Fifth Revised Sheet No. 132 Fifth Revised Sheet No. 132

Superseding: Fourth Revised Sheet No. 132

 

GENERAL TERMS AND CONDITIONS

 

 

11. IMBALANCES

 

11.1 RESPONSIBILITY FOR BALANCING

 

In addition to delivering and receiving volumes of Gas in

conformance with nominations, Shippers are responsible for

conforming their takes at Delivery Points with their

deliveries to Stingray at Receipt Points each Day. Stingray

has no obligation to deliver for the account of a Shipper

more volumes of Gas than Stingray has received for the

account of the Shipper or to accept for the account of the

Shipper more volumes of Gas than are being delivered for the

account of the Shipper on any Day.

 

11.2 NETTING AND TRADING OF MONTHLY IMBALANCES

 

At the end of each Month, to the extent the net receipts

(with the appropriate deductions for Company Use Gas) do not

equal the deliveries under an Agreement on a Dth basis, the

following transportation fees and netting and trading

procedures will apply:

 

(a) A transportation charge under the applicable

provision(s) of Sheet No. 5 will be assessed for any

positive imbalance remaining at the end of a Month.

 

(b) Imbalances under a Shipper's different Agreements

will be netted together to obtain the Shipper's

Total Monthly Imbalance ("TMI"). The TMI will be

shown with the monthly billings sent to Shippers.

To facilitate the trading or offsetting of a

Shipper's TMI, Stingray will post on its Internet

Web Site, on or before the ninth Business Day of

the Month, the TMI of any Shipper that has not

notified Stingray in writing that the Shipper does

not elect to have that information posted.

Shippers or their agents may then trade offsetting

imbalances with Shippers or their agents until the

close of business on the seventeenth Business Day

of the Month (Trading Period). Parties that agree

to trade all or part of an imbalance must notify

Stingray in writing on or before the seventeenth

Business Day of the Month through submission of

the Confirmation of Agreement to Trade Imbalances,

a form of which is attached to Stingray's Tariff;

otherwise, such trade shall not be