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TWP Pipeline LLC
FERC GAS TARIFF
SECOND REVISED VOLUME NO. 1

SECTION 7.13
IMBALANCES AND OVERRUNS
VERSION 3.0.0

GENERAL TERMS AND CONDITIONS



               3.  Whenever Shipper's actual cumulative receipts during Billing 
                   Month are less than actual cumulative deliveries, Transporter
                   will recover the cost of the volumes owed to Transporter 
                   by assessing Shipper the replacement costs associated with 
                   the excess gas taken during the Billing Month.  Such costs 
                   will be based on the highest daily price reported for Columbia 
                   Gas Transmission LLC – Appalachia as published by Gas 
                   Daily during the billing month that the imbalance occurred 
                   multiplied by Shipper's imbalance volumes.
    
        7.13.3. Contract Termination – Shipper shall coordinate with Transporter 
                to reduce to zero, within 60 days of contract termination, 
                Shipper's Net Imbalance.
    
                1. For purposes of this section, Shipper's Net Imbalance 
                   shall equal the net sum of Shipper's monthly imbalances 
                   remaining at contract termination.
    
        7.13.4. Imbalance Netting and Trading – Transporter will net Shipper's 
                imbalances on a monthly basis across all of Shipper's FT or IT 
                Agreements.  Shipper may trade any imbalances incurred under 
                this section with other shippers on Transporter's system, 
                provided the imbalances to be traded are off-setting.  Whenever 
                requested and whenever possible, Transporter will post requests 
                to trade imbalances on Transporter's Website.  Trades may be 
                completed by notifying Transporter between 8:00 a.m. and 
                5:00 p.m. Eastern Time on any business day.  Trades will 
                be deemed completed upon notification to Transporter.
                
        7.13.5. Unauthorized Overrun Charge – If Shipper exceeds its MDQ 
                without approval of the Transporter, Shipper shall pay a 
                rate equal to twice the AOS rate set forth on the Statement 
                of Rates and Charges for each MMBtu of Gas taken in excess 
                of Shipper's MDQ.
    
        7.13.6. Waiver – Transporter may waive its right to collect all 
                or any portion of the charges assessed Shipper under this 
                section, provided that such waiver is granted in a 
                nondiscriminatory manner.

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