El Paso Natural Gas Company

Second Revised Volume No. 1A

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Effective Date: 04/01/2010, Docket: RP10-454-001, Status: Effective

Fifth Revised Sheet No. 284 Fifth Revised Sheet No. 284

Superseding: Fourth Revised Sheet No. 284

 

TRANSPORTATION GENERAL TERMS AND CONDITIONS

(Continued)

 

9. CAPACITY RELEASE PROGRAM (Continued)

 

9.8 Bids for Released Capacity (Continued)

 

(b) Any bid received by Transporter during the open season shall

be posted on Transporter's EBB (excluding Bidding Shipper's

name). The posting shall indicate if the bid is a contingent

bid. Any bid may be withdrawn by such Shipper at any time

prior to the close of the open season. However, once a bid

is withdrawn, such Shipper may not resubmit a bid at a lower

rate but may resubmit a bid at a higher rate. A Bidding

Shipper may not simultaneously submit multiple bids for the

same package of capacity and may not have more than one bid

posted at a given time for such package of capacity.

 

(c) Except as stated in this Section 9.8(c), a Bidding Shipper

may not bid a reservation charge(s) less than the minimum

reservation charge(s) nor more than the sum of the maximum

reservation charge(s) and reservation surcharge(s) specified

by this Volume No. 1A Tariff, nor may the quantity or the

term of the release of such bid exceed the maximum quantity

or term specified by the Releasing Shipper. No maximum rate

limitation applies to a release of capacity for a period of

one Year or less if the release is to take effect on or

before one Year from the date on which Transporter is

notified of the release.

 

(d) Any capacity acquired on a volumetric reservation charge

basis may not be re-released.

 

9.9 Awarding of Released Capacity - Released capacity shall be awarded

in accordance with this Section 9.9.

 

(a) If Bidding Shipper submits a bid to acquire the released

capacity at greater than or equal to the maximum reservation

charge(s) and reservation surcharge(s) and upon all the terms

and conditions specified in the Releasing Shipper's notice,

then the capacity shall be awarded to such Bidding Shipper,

and the Releasing Shipper shall not be entitled to reject

such bid. Provided, however, if such bid was submitted as a

bid in an open season relating to a pre-arranged release and

the Pre-Arranged Shipper matches such offer, then the

capacity shall be awarded pursuant to Section 9.9(g) hereof.

If more than one such bid is received then the capacity shall

be awarded in accordance with Section 9.9(f) hereof. The

Releasing Shipper shall not be entitled to reject any bid so

selected.