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.