Carolina Gas Transmission Corporation

Original Volume No. 1

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Effective Date: 11/01/2006, Docket: CP06- 71-001, Status: Effective

Original Sheet No. 172 Original Sheet No. 172 : Effective

 

(d) If Releasing Shipper’s offer for a permanent release

provides that consideration for the release be paid to

Replacement Shipper, then any such consideration included

in Replacement Shipper’s bid shall be subtracted from its

bid solely for purposes of calculating the best bid.

 

(e) All terms and conditions of completed capacity release

transactions will be posted on the Internet Website,

including the names of Releasing Shippers involved in such

transactions.

 

(f) Pipeline must permit a Replacement Shipper to submit a

nomination at the earliest nomination opportunity after the

acquisition of capacity. In the event Replacement Shipper

has not executed a Service Agreement prior to making its

nomination, Replacement Shipper shall be deemed to have

executed Pipeline’s pro forma firm transportation Service

Agreement. Pipeline must be informed of a prearranged,

non-biddable capacity release transaction at least one (1)

hour prior to the nomination cycle for Replacement Shipper

to nominate at that opportunity.

 

17.8 Recall of Released Capacity.

 

(a) A Releasing Shipper exercising its right to recall released

capacity shall post the recall by the posting deadline as

determined under Section 17.8(g). The quantity to be

recalled must be expressed in terms of total capacity

release entitlements.

 

(b) Regardless of whether recall rights are specified in a

temporary capacity release, Releasing Shipper may exercise

a right of recall in the event Replacement Shipper’s

service is suspended or terminated under GT&Cs Section

21.8.

 

(c) Reputs of recalled released capacity must follow the

timeline specified in Section 17.8(g). Recalled capacity

may not be reput for the same Gas Day.

 

(d) Recalls of released capacity will not be permitted to bump

already scheduled quantities for Replacement Shippers

unless Replacement Shippers are provided with at least one

(1) opportunity to reschedule any bumped quantities.