KM Border Pipeline Notice 203747

Source Link

All information here is provided as a service and information is not guaranteed to be accurate. PipeRiv is not responsible for any incorrect information.

TSP/TSP Name:  130955490-KINDER MORGAN BORDER PIPELINE Critical: Y
Notice Type Desc (1):  OPERATIONAL FLOW ORDER Notice Type Desc (2):  OFO
Notice Eff Date/Time:  02/19/2025 12:35:27PM Notice End Date/Time:  02/25/2025 9:00:00am
Post Date/Time:  2/19/2025 12:35:27 PM Notice ID: 203747
Reqrd Rsp:  5 Rsp Date: 
Notice Stat Desc:  INITIATE Prior Notice: 
Subject:  Declaration of OBO
Notice Text:

Declaration of Operational Balancing Order 

 

This Operational Balancing Order is only effective for Intrastate Firm Transportation Agreements that have this provision in the agreement, including the Statement of General Terms and Conditions for Transportation Service that is part of the agreement (the “Statement”).  

Kinder Morgan Tejas Pipeline, LLC, Kinder Morgan Texas Pipeline, LLC and Kinder Morgan Border Pipeline, LLC (“Kinder Morgan”) hereby notifies transport customers that an Operational Balancing Order is in effect as of 9:00am central time February 20, 2025, and until further notice due to one or more of the following conditions being met:

(1) There is an extreme weather or operational event that has resulted in the Gas Daily Price for the next gas day increasing by fifty percent (50%) or more from the price for the “Monthly Bidweek Spot Gas Prices” East Texas, Houston Ship Channel” index as reported in the first publication of this month's issue of Platts INSIDE FERC'S GAS MARKET REPORT® (as published by S&P Global); and/or

(2) There is an extreme weather or operational event that has resulted in the Gas Daily Price for the day increasing or decreasing by fifty (50%) from the previous day's Gas Daily Price.

While the Operational Balancing Order is in place, the Imbalances provisions of applicable agreements are suspended and all receipts and deliveries under transportation agreements are required to be balanced.  During the Operational Balancing Order, any daily negative imbalance will be sold by Kinder Morgan to Shipper at a price equal to the highest Gas Daily Price for the month in which such imbalance occurred and any daily positive imbalances will be purchased by Kinder Morgan from Shipper at a price equal to the lowest Gas Daily Price for the month in which such imbalance occurred.  

Kinder Morgan will post a notice once the Operational Balancing Order ends.  If you have any questions, please reach out to your commercial representative.   

 

 

TSP/TSP Name:  130955490-KINDER MORGAN BORDER PIPELINE Critical: Y
Notice Type Desc (1):  OPERATIONAL FLOW ORDER Notice Type Desc (2):  OFO
Notice Eff Date/Time:  02/19/2025 12:35:27PM Notice End Date/Time:  02/25/2025 9:00:00am
Post Date/Time:  2/19/2025 12:35:27 PM Notice ID: 203747
Reqrd Rsp:  5 Rsp Date: 
Notice Stat Desc:  INITIATE Prior Notice: 
Subject:  Declaration of OBO
Notice Text:

Declaration of Operational Balancing Order 

 

This Operational Balancing Order is only effective for Intrastate Firm Transportation Agreements that have this provision in the agreement, including the Statement of General Terms and Conditions for Transportation Service that is part of the agreement (the “Statement”).  

Kinder Morgan Tejas Pipeline, LLC, Kinder Morgan Texas Pipeline, LLC and Kinder Morgan Border Pipeline, LLC (“Kinder Morgan”) hereby notifies transport customers that an Operational Balancing Order is in effect as of 9:00am central time February 20, 2025, and until further notice due to one or more of the following conditions being met:

(1) There is an extreme weather or operational event that has resulted in the Gas Daily Price for the next gas day increasing by fifty percent (50%) or more from the price for the “Monthly Bidweek Spot Gas Prices” East Texas, Houston Ship Channel” index as reported in the first publication of this month's issue of Platts INSIDE FERC'S GAS MARKET REPORT® (as published by S&P Global); and/or

(2) There is an extreme weather or operational event that has resulted in the Gas Daily Price for the day increasing or decreasing by fifty (50%) from the previous day's Gas Daily Price.

While the Operational Balancing Order is in place, the Imbalances provisions of applicable agreements are suspended and all receipts and deliveries under transportation agreements are required to be balanced.  During the Operational Balancing Order, any daily negative imbalance will be sold by Kinder Morgan to Shipper at a price equal to the highest Gas Daily Price for the month in which such imbalance occurred and any daily positive imbalances will be purchased by Kinder Morgan from Shipper at a price equal to the lowest Gas Daily Price for the month in which such imbalance occurred.  

Kinder Morgan will post a notice once the Operational Balancing Order ends.  If you have any questions, please reach out to your commercial representative.