Accounting to Gas Transporter for Plant Volume Reduction Sample Clauses

Accounting to Gas Transporter for Plant Volume Reduction. Plant Supplier shall bear and shall account to Gas Transporter for the full amount of Plant Volume Reduction allocated to the gas credited as having been processed from the Field Delivery Points for Plant Supplier’s account monthly on such basis as may be provided in the applicable contract between Plant Supplier and Southern, or between the Gas Transporter and Southern, it being expressly understood that Plant Owners have no responsibility for any portion of such Plant Volume Reduction allocated pursuant hereto to the Field Delivery Points for Plant Supplier’s account. Plant Operator shall, by the end of the month in which it receives the accounting data required to be furnished by Plant Supplier under Section 5.5 and such additional accounting data as may be required from Plant Owners, other Suppliers and Southern, furnish Plant Supplier and other interested parties a statement setting forth: 7.4.1 The total quantity of Plant Volume Reduction; and 7.4.2 Each Plant Owner’s and Third Party Supplier’s proportionate share of the total Plant Volume Reduction; and 7.4.3 An allocation of the Plant Volume Reduction applicable to each Field Delivery Point serving the Plant, and a sub-allocation as to gas which is owned by more than one Plant Supplier (including for Plant Supplier’s account) to show the amount of Plant Volume Reduction attributable to each Owner of the gas delivered at such Field Delivery Point. The results set forth in such statement each month shall constitute the quantity of Plant Volume Reduction to be allocated to each Plant Owner and Third Party Supplier for the preceding month, and it is understood that Gas Transporter may rely on such statements in effecting settlement with Plant Supplier for Plant Supplier’s share of Plant Volume Reduction. Plant Operator shall furnish the foregoing parties with an allocation statement based on estimated Plant Volume Reduction covering the first month of Plant operation. Plant Operator’s statement shall also report the volume of gas bypassed at the Plant during the preceding month and allocation thereof to Plant Owners and/or Third Party Suppliers, including Plant Supplier.
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Related to Accounting to Gas Transporter for Plant Volume Reduction

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