Guardian Pipeline, L.L.C.
Original Volume No. 1
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Effective Date: 04/01/2008, Docket: RP08-227-000, Status: Effective
Original Sheet No. 174A Original Sheet No. 174A : Pending
GENERAL TERMS AND CONDITIONS
19. RESOLUTION OF IMBALANCES
then the absolute quantity of such variances will be considered an
imbalance for purposes of the monthly resolution of imbalances set
forth in Section 19 herein.
19.2 Imbalance Netting and Trading
All imbalances accrued by Shipper under each of its Service
Agreements will be combined to derive a "Net Monthly
Imbalance" (NMI) (in Dth) for purposes of the calculations
in Section 19.3. Shippers will be permitted to offset
imbalances across contracts and trade imbalances amongst
themselves when such imbalances have similar operational
impact on the Pipeline Facilities. All the Pipeline
Facilities will be considered one operational impact area
for purposes of this Section 19.2. If Transporter
determines and can document that such trading will cause a
loss of transportation revenue, Transporter will implement
an appropriate charge such that it is made whole for all
transportation charges. The following procedures will apply
to imbalance trading amongst Shippers.
(a) Shipper may authorize contract imbalances under
Shipper's Service Agreements to be posted for trading.
(b) Authorizations to post imbalances that are received by
Transporter by 11:45 a.m. shall be effective by
8:00 a.m. CCT the next Business Day. Imbalances
authorized for posting shall be posted on or before
the ninth (9th) Business Day of the Month.