TransColorado Gas Transmission Company

Original Volume No. 1

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Effective Date: 12/05/1996, Docket: CP90-1777-009, Status: Effective

Original Sheet No. 67 Original Sheet No. 67 : Superseded

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

(a) Once Shippers have agreed to trade their imbalances, each

Shipper must notify TransColorado by completing an imbalance

trading notice on the EBB. This notice to TransColorado

will be deemed to be the Shipper's direction to

TransColorado to make the imbalance trade on the Shipper's

account. If the Shippers' notices coincide, TransColorado

will adjust Shipper's accounts to reflect the imbalance

trade.

 

(b) Shippers are responsible for making any arrangement deemed

necessary to finalize and document the imbalance trade.

 

(c) TransColorado shall not be liable for any losses incurred by

a Shipper if a Shipper is unable to complete an imbalance

trade once Shipper has notified TransColorado of the

imbalance trade.

 

12.5 Imbalance Trading Marketing Fees. Upon request by Shipper,

TransColorado will actively market imbalances for the fee

specified in the Statement of Rates.

 

12.6 Assessment of Balancing Charges. If Shipper fails to maintain a

thermal balance of receipts and deliveries in accordance with the

provisions of this section, TransColorado shall impose imbalance

as described below.

 

Any Shipper that fails to correct imbalances according to this

section may, after two working days' notice, be assessed an

imbalance charge equal to the product of the following: two times

the Rocky Mountain area spot price of gas listed in INSIDE FERC'S

GAS MARKET REPORT for the Rocky Mountain area delivered into

Northwest Pipeline Corporation's facilities at the Crossover 16

interconnection with Questar Pipeline Company, times either (i)

the quantity, in decatherms, by which Shipper's takes of gas from

TransColorado's system exceed Shipper's deliveries of gas to

TransColorado's system less fuel and lost and unaccounted-for gas

or (ii), the quantity, in decatherms, by which Shipper's

deliveries of gas to transporter's system, less fuel and lost and

unaccounted-for gas, exceed Shipper's takes of gas from

TransColorado's system.

 

TransColorado will not assess imbalance charges if (i) Shipper's

action is excused by force majeure, (ii)