Equitrans, L. P.

Original Volume No. 1

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Effective Date: 05/16/2010, Docket: RP10-616-000, Status: Effective

Second Revised Sheet No. 273 Second Revised Sheet No. 273

Superseding: First Revised Sheet No. 273

 

GENERAL TERMS AND CONDITIONS (Continued)

 

(ii) The Replacement Customer must have separately arranged for

transportation of storage quantities to and from storage on

the Equitrans system before a release of storage

entitlements can take effect.

 

(iii) All applicable terms and conditions of service, including

ratcheting and cycling requirements and associated

penalties, will apply to the storage entitlements held by

the Releasing and Replacement Customer, respectively, on the

date that the particular term or condition of service is

applied.

 

(iv) A Releasing Customer that releases storage capacity may

include conditions relating to the sale and/or repurchase of

gas in storage inventory. This exemption to the prohibition

on tying for releases of storage capacity applies to both

releases subject to an asset management arrangement, as

defined by 18 C.F.R. § 284.8(h)(3), and releases not subject

to an asset management arrangement.

 

22.5 Notice to Equitrans by Releasing Customer. A Releasing Customer

that wishes to release capacity shall notify Equitrans through

Equitrans' EBB System or EDI that it elects to release firm

capacity. The notice shall set forth the following information:

 

(i) Releasing Customer's name and the name and title of

the individual authorizing the release of capacity;

 

(ii) Service agreement number;

 

(iii) Whether the release is on a permanent or temporary basis;

 

(iv) Whether the release is on a recallable or non-recallable

basis, and if recallable, the conditions of recall and

whether the capacity must be returned to Replacement

Customer after a recall has ended. Reput method and

rights shall be specified at the time of the deal. Reput

method and rights are individually negotiated between the

Releasing Customer and Replacement Customer;

 

(v) The maximum and minimum numeric quantity of the firm

capacity which the Releasing Customer desires to

release on a per day basis for transportation, storage

injection, storage withdrawal, and a per-release quantity

for storage capacity and total release period quantity;

 

(vi) The primary points of receipt and delivery at which

the Releasing Customer will release the capacity and the

capacity to be released at each point;