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This document outlines the terms and conditions governing the operational balancing of natural gas deliveries and receipts between the Interconnector and Southern California Gas Company.
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How to fill out operational balancing agreement

How to fill out Operational Balancing Agreement
01
Obtain the Operational Balancing Agreement template from the relevant authority.
02
Review the agreement sections carefully to understand the requirements.
03
Fill in the date at the top of the document.
04
Enter the names of the parties involved in the agreement.
05
Provide details about the operational parameters, including timelines and operational limits.
06
Specify the responsibilities of each party in terms of balancing operations.
07
Include any relevant regulations or standards that must be adhered to.
08
Review the terms of reconciliation and adjustment procedures.
09
Include signatures and dates from authorized representatives of each party.
10
Submit the completed agreement to the appropriate regulatory authority.
Who needs Operational Balancing Agreement?
01
Companies engaged in energy trading and balancing operations.
02
Regulatory authorities overseeing energy markets.
03
Utilities managing transmission and distribution of energy.
04
Parties involved in joint ventures for energy management.
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People Also Ask about
What is an oba gas?
An Operational Balancing Account (hereinafter: OBA) is a continuous balancing account between GTS and an adjacent system operator (such as operators of adjacent networks, storage facilities or production plants), to be used to manage steering differences at a network point in order to simplify allocations to network
What is a balancing agreement?
Glossary Terms » Balancing Agreement. A contractual agreement between two or more legal entities to account for differences between chart measured quantities and the total confirmed nominated quantities at a point.
What is a gas tolling agreement?
A classic tolling agreement is a long-term rental contract between a toller (seller) and an off-taker (renter). The toller owns and operates the power generation unit, typically a gas-fired one, while the off-taker pays an agreed-upon “rent” and supplies fuel to convert it into electricity.
What is an Oba in natural gas?
Glossary Terms » Balancing Agreement. A contractual agreement between two or more legal entities to account for differences between chart measured quantities and the total confirmed nominated quantities at a point.
What is an operational balancing agreement?
What is an OBA? • OBA stands for Operational Balancing Agreement (may also be referred to as Z accounts) • Manages interconnect imbalances at a Border or Storage location: • If Physical Flow ≠ Scheduled Quantity, customers are 'kept whole'
What is a balancing agreement?
In general, an AMA is a contractual relationship where a party agrees to manage gas supply and delivery arrangements, including transportation and storage capacity, for another party.
What is an AMA in natural gas?
A gas balancing agreement (GBA) is an agreement among the working interest owners in an oil or gas well defining procedures to follow when a party is unable or declines to take its share of gas production from a well to ensure that all parties ultimately receive their proportionate share of production.
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What is Operational Balancing Agreement?
An Operational Balancing Agreement (OBA) is a contract between two parties that establishes the procedures and standards for the operational balancing of gas flow and inventory management in the natural gas industry.
Who is required to file Operational Balancing Agreement?
Parties involved in the transportation and delivery of natural gas, such as natural gas pipeline operators and shippers, are required to file an Operational Balancing Agreement.
How to fill out Operational Balancing Agreement?
To fill out an Operational Balancing Agreement, parties must provide details about the involved parties, specify measurement points, establish balancing methodologies, and outline procedures for communication and correction of imbalances.
What is the purpose of Operational Balancing Agreement?
The purpose of an Operational Balancing Agreement is to ensure efficient and accurate management of gas flows and inventory between companies, minimizing discrepancies and enabling effective operational coordination.
What information must be reported on Operational Balancing Agreement?
The information that must be reported on an Operational Balancing Agreement includes the names and contact information of the parties, operational procedures, balancing methodologies, measurement data, and any terms related to the handling of imbalances.
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