Cheniere Creole Trail Pipeline, L.P.

Original Volume No. 1

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Effective Date: 04/28/2008, Docket: RP08-137-000, Status: Effective

Original Sheet No. 167 Original Sheet No. 167 : Pending

 

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

B. Initiation of the Capacity Release Process

 

1. A Shipper that desires to release any or all of its eligible capacity

must notify Transporter in writing or electronically of its intent to release

capacity and the terms of the release (hereinafter referred to as "Release

Notice"). Such Release Notice shall be executed by an authorized

representative of the Releasing Shipper. All terms and conditions the

Releasing Shipper proposes shall be posted as set forth below. Such terms and

conditions must be objectively stated, non-discriminatory and applicable to

all potential bidders. The Release Notice shall constitute a binding offer on

the part of Releasing Shipper to release the eligible capacity pursuant to the

terms of the Release Notice, until written or electronic notice of withdrawal

is received by Transporter. Transporter shall reject any Release Notice that

does not comply fully with the foregoing requirements.

 

2. The Release Notice shall include the following information:

 

(a) Name, address, contact person, telephone number, and facsimile number of

the Releasing Shipper and the Releasing Shipper's contract number;

 

(b) The specific quantity to be relinquished, stated in dekatherms per day

of MDTQ;

 

(c) Whether the release is Permanent or Temporary;

 

(d) Whether the release is recallable and, if recallable, whether on either

a permanent or temporary basis, and the terms and conditions applicable to

such right of recall and reput;

 

(e) Identification of the Primary Receipt Point(s) capacity and Primary

Delivery Point(s) capacity to be relinquished; provided that, the Primary

Receipt Point capacity to be released shall equal the Primary Delivery Point

capacity to be released;

 

(f) The term of the proposed release, which in the case of a Permanent

Release must equal the remaining term of the Releasing Shipper's existing

service agreement;