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;