Cheniere Creole Trail Pipeline, L.P.

Original Volume No. 1

 Contents / Previous / Next / Main Tariff Index

 

 

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

Original Sheet No. 193 Original Sheet No. 193 : Pending

 

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

3. Bidding.

 

Potential Shippers may submit one bid for all or any portion of the capacity

and term of service made available by Transporter. A bidder shall submit its

bid electronically through Transporter's Internet Website, specifying the

monthly reservation charge (or other firm or demand charge(s), if applicable,

herein referred to collectively as the "Reservation Charge") it is bidding for

the service. Bidder also shall provide to Transporter a valid request for

service fully complying with Section 22.A herein. The price bid for the

monthly Reservation Charge shall be expressed per dollars per Dth to the

nearest one thousandth of one dollar ($0.000). In addition to the bid price,

bidders shall pay all applicable usage charges, as they may be adjusted from

time to time by Transporter. Transporter shall have the right to reject any

bids, on a non-discriminatory basis, that: (i) are for a rate that is less

than the maximum Reservation Charge as set forth in the currently effective

Rate Sheet No. 5 of this Tariff for service under Transporter's applicable

Rate Schedule FTS; or (ii) include conditions or provisions that impede

Transporter's ability to operate its system in conformity with the provisions

of this Tariff.

 

4. Prearranged Capacity.

 

Shippers may request capacity and Transporter may enter into a prearranged

agreement for available unsubscribed capacity or capacity that will become

available under an expiring or terminating agreement; provided that,

Transporter shall post the terms of the prearranged agreement and other

potential Shippers will have an opportunity to bid on the capacity. If other

potential Shipper(s) submit bids with a higher Net Present Value, as

determined pursuant to Section 22.B.6 below, the prearranged Shipper shall

have a one-time right to match the highest bid in order to be awarded the

capacity. If the prearranged Shipper elects not to match a higher competing

bid, the capacity will be awarded to the bidder with the highest bid, provided

such bidder is deemed creditworthy in accordance with Section 17 of the

General Terms and Conditions.