Mississippi River Transmission Corp.
Third Revised Volume No. 1
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Effective Date: 05/01/1996, Docket: RP96-199-000, Status: Effective
Third Revised Sheet No. 146 Third Revised Sheet No. 146 : Superseded
Superseding: Second Revised Sheet No. 146
GENERAL TERMS AND CONDITIONS
10. TRANSPORTATION BALANCING (Continued)
10.4 Monthly Balancing
(a) By the twenty-fifth day of each month, MRT shall
notify each Customer receiving service under Rate Schedule FTS,
ITS or SCT, or Pool Operator, in writing of the Customer's or
Pool's estimated or actual imbalance based upon the quantities
received and delivered in the prior month.
(b) MRT shall determine the imbalance quantity for each
month on an MMBtu basis.
(c) No Notice Transportation (NNT) Service Monthly
(i) An NNT Customer must notify MRT prior to the
beginning of the month of its election to use the monthly
balancing option contained in this Section 10.4(c).
(ii) If MRT receives such notification, MRT will
automatically adjust an NNT Customer's storage, injections
or withdrawals to accommodate the Customer's variance
between actual receipts and actual deliveries under a
transportation contract, adjusted for fuel reimbursement in
accordance with the terms and conditions of the NNT
balancing option selected. Such adjustments to injections
or withdrawals must conform to the schedules set forth in
Rate Schedule FSS and the provisions related thereto.
(d) Cash Balancing
(i) Each monthly imbalance quantity will be assigned
a dollar value based upon the level of the imbalance and the
charts set forth in this Section 10.4. For purposes of
these charts, "Weekly Reference Spot Price" is defined as a
weighted average based upon an individual week's published
listing of spot prices in Natural Gas Week or other standard
industry publication for gas delivered at locations
identified by MRT and posted prior to each month by MRT on