Mississippi River Transmission Corp.

Third Revised Volume No. 1

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Effective Date: 05/01/1996, Docket: RP96-199-000, Status: Effective

Second Revised Sheet No. 150 Second Revised Sheet No. 150 : Superseded

Superseding: First Revised Sheet No. 150

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

10. TRANSPORTATION BALANCING (Continued)

 

(e) Receipt Variance Penalties will not be affected by gas

trading.

 

(f) Monthly imbalance dollar values will be recalculated

for gas trades. If the applicable transportation or gathering

charges would change because of the gas trade, the trading

Customers will be individually responsible for the resulting

billing adjustment for their individual contracts.

 

10.6 Operational Balancing Agreements

 

(a) MRT may enter into Operational Balancing Agreements

(OBAs) with entities whose facilities interconnect with MRT's

facilities. MRT shall negotiate in good faith and enter into such

OBAs with interconnecting entities on a not unduly discriminatory

basis in the basic form of agreement set forth as part of this

tariff or, at MRT's option, in the basic form of agreement set

forth in the interconnecting party's tariff.

 

(b) MRT shall only enter into OBAs with interconnecting

entities subject to the following conditions:

 

(i) there is electronic gas measurement or similar

equipment to provide accurate and timely flow information at

the interconnection point;

 

(ii) the interconnecting entity and MRT must have

been receiving or delivering gas volumes to one another's

system for at least one (1) year without significant and

unresolved imbalance levels; and

 

(iii) the interconnecting entity must satisfy the

credit criteria set forth in Section 5 of these General

Terms and Conditions.

 

(c) OBAs will set forth a mutually agreeable procedure for

dealing with imbalances between scheduled flows and actual flows

at the point of interconnection. If and to the extent that an OBA

governs an imbalance at an interconnection point, the Customers