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.