Gulf Crossing Pipeline Company LLC

Original Volume No. 1

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Effective Date: 03/01/2009, Docket: RP09-303-000, Status: Effective

First Revised Sheet No. 1052 First Revised Sheet No. 1052

Superseding: Original Sheet No. 1052

 

GENERAL TERMS AND CONDITIONS

Section 16

(Continued)

 

(b) Temporary Release

 

A Releasing Customer may release all or part of its firm

capacity under a firm transportation service agreement for

a term less than the remaining term of such agreement

("Temporary Release") pursuant to the provisions hereof.

 

(1) Releases of 31 Days or Less

 

A Releasing Customer may release capacity to a

Prearranged Customer for a period of 31 Days or less

without being subject to the prior notice and bidding

requirements; however, a Releasing Customer may not

roll over, extend, or in any way continue the release

to the same Replacement Customer using this bidding

exemption until 28 days after the first release

period has ended.

 

A Releasing Customer may release capacity for a

period of 31 days or less utilizing the posting and

bidding requirements.

 

(2) Releases More Than 31 Days and Up To 1 Year

 

All capacity release transactions of more than 31

Days and up to one (1) year, including prearranged

deals, are subject to posting and bidding

requirements.

 

(3) Releases Greater Than 1 Year

 

Any prearranged deal greater than (1) year at less

than maximum rate is subject to posting and bidding

requirements.

 

A Releasing Customer may release capacity for a

period greater than one (1) year utilizing the

posting and bidding requirements.