Enbridge Pipelines (Midla) Inc.

Fourth Revised Volume No. 1

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Effective Date: 06/01/2002, Docket: RP00-400-001, Status: Pending

First Revised Sheet No. 153 First Revised Sheet No. 153 : Pending

Superseding: Original Sheet No. 153

 

14.7 Imbalance Trading and Cash Out Procedure

 

It shall be the responsibility of Customer to eliminate

end-of-month imbalances. Unless Customer can resolve an

imbalance through the methods set forth below, Pipeline

and Customer shall settle in cash, pursuant to 14.7(b) and (c)

of this section any net production imbalance

remaining between actual or allocated receipt quantities

and actual or allocated delivery quantities on the invoice

submitted in the month following the month in which such

imbalances were resolved.

(a) Imbalance Trading and Netting

(i) On or before the ninth (9th) business day of each month,

Pipeline shall send Customer or any party using

such services on behalf of the Customer ("Agent"),

collectively referred to as

"Customer" under Sections 14.7(a) thru 14.7(c),a

statement detailing the

unresolved imbalance volume for the previous month within

each Service Agreement.

Customer may correct imbalances until

the seventeenth (17th) business day of each month,

by trading imbalances with other Customers or by netting

imbalances created under its own transportation contracts.

 

(ii) Customer shall use the forms prescribed by

the Pipeline, to notify Pipeline as to how its

monthly imbalances will be resolved for the

preceding calendar month. These forms are located

on the Pipeline's Internet web site under

"Informational Posting," and are listed

as Imbalance Trading and Netting Forms. Such

notification from the Customer (the initiating

trader) shall constitute Pipeline's authorization

to proceed as indicated on the submitted form.

Customer can access the forms by downloading

such forms from Pipeline's web site or

by printing the forms directly from the Internet

browser.