Dauphin Island Gathering Partners

First Revised Volume No. 1

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Effective Date: 11/01/2010, Docket: RP10-1262-000, Status: Effective

Third Revised Sheet No. 229 Third Revised Sheet No. 229

Superseding: Second Revised Sheet No. 229

 

of this Section 19.7 in order to establish the basis of

accounting for revenues from an Acquiring Shipper as a means

of preserving the economic basis of the Negotiated Rate.

 

19.8 Offers to Acquire Firm Capacity:

 

Transporter agrees to post on its EBB at a party's request offers

to purchase firm capacity on a permanent or temporary basis. All

such parties must have met the Prequalified Bidder Requirements

pursuant to Subsection 19.6(e).

 

19.9 Timeline for Capacity Releases:

 

(a) The Capacity Release Timeline applies to all parties

involved in the capacity release process provided that:

 

(i) all information provided by the parties to the

transaction is valid and the Acquiring Shipper has

been determined to be creditworthy before the capacity

release is tendered;

 

(ii) for index-based capacity release transactions, the

releasing Shipper has provided the capacity release

service provider with sufficient instructions to

evaluate the corresponding bid(s) according to the

timeline; and

 

(iii) there are no special terms or conditions to the

release.

 

Further, the capacity release service provider may complete

the capacity release process on a different timeline if the

offer includes unfamiliar or unclear terms and conditions

(e.g., designation of an index not supported by

Transporter).