Enbriidge Pipelines (Midla) L. L. C.
FIFTH REVISED VOLUME NO. 1
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Effective Date: 10/01/2009, Docket: RP09-980-000, Status: Effective
Second Revised Sheet No. 152 Second Revised Sheet No. 152
Superseding: First Revised Sheet No. 152
(b) Pricing for Cash Out
(i) With the exception of Midla's T-32 lateral, the index price
used in the cash-out procedures under Section 14.7(c) shall
be the price per MMBtu equal to the "Bid Week" price
published for the Month in which the imbalance occurred, as
stated in Natural Gas Week's "Gas Price Report for
Louisiana, Gulf Coast, Onshore Spot, Delivered to
Pipeline". In the event that the prices published in
Natural Gas Week are no longer available or valid, the
index price used in the calculation shall be equal to the
prevailing price reported in Inside FERC's Gas Market
Report under the heading of "Index" for "Southern Natural
Gas Co. (Louisiana) for the first Day of each Month, or the
earliest Day of such Month if such price is not reported
for the first Day until Pipeline files to revise this FERC
Gas Tariff and may, in its reasonable judgment, select a
representative price in the interim subject to refund.
(ii) For the T-32 lateral, the index price used in the cash-out
procedures under Section 14.7(c) shall be the price per
MMBtu equal to a calculated weighted average cash-out price
on the T-32 lateral. For each Month, the weighted average
cash-out price shall be determined by multiplying the
applicable cash-out price of each upstream interconnecting
pipeline ("Upstream Pipeline")on the T-32 lateral by a
percentage equal to the Gas volumes scheduled for delivery
by the Pipeline into the T-32 lateral from such Upstream
Pipeline, divided by the total volumes scheduled for
delivery into the T-32 lateral, and then totaling the
products obtained by such calculation for each such
Upstream Pipeline to arrive at the weighted average cash-
out price for each billing Month.
If no cash-out price is posted for an Upstream Pipeline in
a particular Month, Pipeline shall use the index price as
defined in Section 14.7(b)(i) above in the cash-out
calculation for the T-32 lateral.