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