Enbridge Pipelines (Midla) Inc.
Fourth Revised Volume No. 1
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Effective Date: 10/01/2002, Docket: RP02-486-000, Status: Effective
Second Revised Sheet No. 153 Second Revised Sheet No. 153 : Effective
Superseding: First Revised 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 posting
and 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.