Wyoming Interstate Company, Ltd.
Second Revised Volume No. 2
Contents / Previous / Next / Main Tariff Index
Effective Date: 04/12/2010, Docket: RP10-491-000, Status: Effective
Original Sheet No. 72.01 Original Sheet No. 72.01
GENERAL TERMS AND CONDITIONS
10. IMBALANCE MANAGEMENT (Continued)
10.2 Imbalance Adjustments (Continued)
(d) Imbalance Trades (Continued)
(v) Only Trades which have the effect of reducing a
Shipper's imbalances are permitted (i.e., the maximum
quantity which may be Traded is the smaller of the
excess or shortfall under the Shipper's Agreements
affected by the Trade).
(vi) Transporter shall permit Trade arrangements at no
additional cost to the Shippers.
(vii) After completion of all Trade transactions, Transporter
shall apply the Traded imbalance quantities to Shipper's
original Agreement-level imbalances. Agreements with the
largest percentage imbalances (see Section 10.3 below
for percentage calculation) shall be credited with Trade
quantities first. Trade quantities shall be applied to
Agreement-level imbalances until the Trade quantities
have been fully allocated.
10.3 Cash Out. All remaining imbalances shall be subject to the following
Cash Out provisions.
(a) Determination of Cash Out Quantities. The term "Cash Out" shall
refer to the application of a market-related rate to an
end-of-month imbalance pursuant to this Section 10. Application
of the Cash Out process will result in a monetary value due to
the Shipper or Transporter which upon payment, will result in
reduction of the imbalance to zero.
(i) Transporter shall determine the imbalance quantity
applicable to each Agreement through the last Day of the
(ii) Shippers shall have the opportunity to reduce the
end-of-month imbalances to the extent practicable
pursuant to this Section 10. Such reductions, if any,
shall determine a final imbalance for each Agreement.
(iii) Transporter and Shipper shall Cash Out by applying the
Cash Out Index Price to the final imbalance quantity.