El Paso Natural Gas Company

First Revised Volume No. 1-A

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Effective Date: 04/01/1993, Docket: RS92- 60-011, Status: Effective

2nd Substitute Original Sheet No. 289 2nd Substitute Original Sheet No. 289 : Superseded

 

TRANSPORTATION GENERAL TERMS AND CONDITIONS

(Continued)

 

28. CAPACITY RELEASE PROGRAM (Continued)

 

28.9 Bids for Released Capacity (Continued)

 

(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withdrawn by such Shipper at any time prior to the close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 However, once a bid is withdrawn,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) 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. 1-A Tariff, nor

may the volume or the term of the release of such bid

exceed the maximum volume or term specified by the

Releasing Shipper.

 

(d) Any capacity acquired on a volumetric reservation charge

basis may not be re-released.

 

28.10 Awarding of Released Capacity - Released capacity shall be

awarded in accordance with this Section 28.10.

 

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

capacity at 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 28.10(g) hereof. If more than one such bid is

received then the capacity shall be awarded in accordance

with Section 28.10(f) hereof. The Releasing Shipper shall

not be entitled to reject any bid so selected.