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2nd Substitute Original Sheet No. 295 2nd Substitute Original Sheet No. 295 : Superseded

 

TRANSPORTATION GENERAL TERMS AND CONDITIONS

(Continued)

 

28. CAPACITY RELEASE PROGRAM (Continued)

 

28.11 Execution of Agreements or Amendments (Continued)

 

(b) Where capacity has been released for the entire remaining

term of the Releasing Shipper's Transportation Service

Agreement, the Releasing Shipper may request El Paso to

amend its Transportation Service Agreement to reflect the

release of capacity. Absent agreement by El Paso to such

amendment, which may be conditioned on exit fees or other

terms and conditions, the Releasing Shipper shall remain

bound by and liable for payment of the reservation

charge(s) and reservation surcharge(s) under the

Transportation Service Agreement.

 

To the extent that capacity is released for the remaining

term of the Releasing Shipper's Transportation Service

Agreement and the Acquiring Shipper has agreed to pay the

maximum reservation charge(s) and reservation surcharge(s)

for such capacity, Releasing Shipper's contract shall be

amended so as to relieve such shipper of any further

liability for payment of the reservation charge(s) and

reservation surcharge(s) applicable to the capacity

released under the Transportation Service Agreement. In

the event the Releasing Shipper's Transportation Service

Agreement is amended to reflect the release of capacity,

El Paso shall enter into a Transportation Service

Agreement with the Acquiring Shipper in the form

prescribed for service under Rate Schedule T-3 but

containing the rates and terms and conditions established

for the acquired capacity pursuant to this Section 28.

 

28.12 Notice of Completed Transactions - Within five (5) business

days after capacity has been awarded pursuant to Section

28.10, El Paso shall post the information identified below

regarding each transaction on its electronic bulletin board

for a period of five (5) business days.

 

(a) term;

 

(b) reservation charge(s) and reservation surcharge(s) as bid;

 

(c) delivery points;