Stingray Pipeline Company, L. L. C.
Third Revised Volume No. 1
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Effective Date: 08/01/2009, Docket: RP08-436-004, Status: Effective
Third Revised Sheet No. 134 Third Revised Sheet No. 134
Superseding: Second Revised Sheet No. 134
GENERAL TERMS AND CONDITIONS
negative imbalance after offsetting with other
Shippers was 100 Dth, the total Imbalance Level would
be 10%. The first 5% (50 Dth) would be cashed out at
100% of the AMIP and the remaining 50 Dth would be
cashed out at 110% of the AMIP.
(c) The following pipeline price indexes (each a "Price
Index" and all the "Price Indices") reported in 'Spot
Gas Prices Delivered to Pipelines' issued by "Natural
Gas Intelligence" (NGI) will be used in calculating
the cash out prices applicable for the Month:
(1) ANR, LA.; and
(2) Tennessee, LA., 800 Leg.
(d) For each Price Index listed in subsection (c) above,
the Monthly Index Price (MIP) is the arithmetic
average of the Weekly Index Prices (WIP) as published
during the Month for that Price Index. The Average
Monthly Index Price ("AMIP") is the arithmetic average
of all of the MIPs for the Month among the Price
(e) In calculating the AMIP, the WIPs will be based on
the prices reported in the issue of NGI dated on or
after Stingray's nomination deadline for first of
the Month service for that Month, and the
subsequent issues dated prior to Stingray's
nomination deadline for the following Month's first
of the Month service.
(f) All monthly billings will reflect cash-outs of
imbalances remaining at the end of the prior
Month. Following the Trading Period for
offsetting or trading imbalances, Shipper may
offset the billed amount related to the traded or
offset imbalances against the total billed amount
for the Month or, if an amount is owed Shipper,
Stingray may credit the amount owed on the
billings for the next Month.