Imbalance Statement definition
Examples of Imbalance Statement in a sentence
The Gas Injection Imbalance Statement is included herewith as Chart 4.12.
For page 33 see Chart 4.12 LOGP – Gas Plant Gas Injection Imbalance Statement under separate file.
Following issuance of the Cumulative Imbalance Statement, the AA may trade its Cumulative Imbalance with another AA under a CPBA that has a Cumulative Imbalance from the same calendar month.
If an error is discovered in a Cumulative Imbalance Statement, cashout statement, or OFO or EFO Noncompliance Charge statement, then an appropriate correction shall be made by PG&E.
Following issuance of the Cumulative Imbalance Statement, the AA may clear a negative Cumulative Imbalance by nominating, consistent with PG&E’s nominating procedures, In-Kind (an equivalent amount of gas from the Receipt Point(s) listed on Attachment 2) to the Cumulative Imbalance Account; or the AA may clear a positive Cumulative Imbalance by nominating from the Cumulative Imbalance Account to a Delivery Point, on or before the closing date for trading imbalances as described below.
PG&E shall issue a Cumulative Imbalance Statement no later than the 15th day of the first month subsequent to the month in which the Cumulative Imbalance occurred.
Any adjustments to the usage reported by ▇▇▇▇▇▇ in revised/updated gas supply and imbalance statements will be reprocessed for the specified month in which the adjustment volume is reported on the PG&E Imbalance Statement.
The correction of such measurement error on Operator's Monthly Imbalance Statement also will reflect any transportation charges owed by Operator under Section 2.2(b) above or credits owed by Destin to Operator to correct previous transportation charges.
If either Party discovers any measurement errors in the actual metered quantities of gas delivered and received at the Point which are required to be corrected by the measuring Party's FERC Gas Tariff, then such error shall be corrected in the current calendar month by adding to the Monthly Operational Imbalance Statement an adjustment reflecting the measurement errors.
These Operating Imbalances may be traded into or out of storage, traded with other customer Operating Imbalances for the same calendar month, or under current provisions, carried over to the month following the date on which the Operating Imbalance Statement is issued.