Gulf States Transmission Corporation

Original Volume No. 1

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Effective Date: 07/01/2000, Docket: RP00-352-000, Status: Effective

Second Revised Sheet No. 58I Second Revised Sheet No. 58I : Effective

Superseding: First Revised Sheet No. 58I

 

 

GENERAL TERMS AND CONDITIONS (continued)

 

23. CAPACITY RELEASE AND ASSIGNMENT

 

23.1 Purpose. This Section 23 sets forth the specific terms and conditions

applicable to the implementation by Transporter of a Capacity Release

Program on its interstate pipeline System.

 

23.2 Applicability. This Section 23 is applicable to any Shipper who has a

firm service agreement and who elects to release, subject to the Capacity

Release Program set forth herein, all or a portion of its firm

transportation rights. Shipper shall have the right to release any

portion of the firm capacity rights held under a Service Agreement but

only to the extent that the capacity so released is acquired by another

Shipper pursuant to the provisions of this Section 23.

 

23.3 Notice by Shipper Electing to Release Capacity. A Releasing Shipper

shall deliver a notice via Transporter's Interactive Internet Website

that it elects to release firm capacity. The notice shall set forth:

 

(a) Releasing Shipper's full legal name, company Dun and Bradstreet

number, contract number, and the name and title of the individual

responsible for authorizing the release of capacity;

 

(b) the maximum and minimum (if desired) quantity of firm daily

capacity which the Releasing Shipper desires to release, stated

in Dth/day;

 

(c) the receipt and delivery point(s) at which the Releasing Shipper

will release capacity and the firm capacity to be released at

each such point;

 

(d) whether capacity will be released on a firm or firm recallable

basis and, if on a firm recallable basis, the terms on which the

capacity can be recalled, as well as the terms on which the

recalled capacity will be returned to the Acquiring Shipper if

such capacity may be returned, and whether the Acquiring Shipper

has the option to accept such returned capacity, which terms must

be objectively stated, non-discriminatory and applicable to all

bidders;

 

(e) the requested effective date and the term of the release;

 

(f) whether the Releasing Shipper is willing to consider release for

a shorter time period than that specified in (e) above, and, if

so, the minimum (if desired) acceptable period of release;

 

(g) whether the Releasing Shipper desires bids in dollars or as a

percentage of Transporter's maximum reservation charge(s),

including surcharge(s), applicable to the capacity to be

released;

 

(h) the maximum reservation charge(s) applicable to the capacity

being released as shown on Transporter's Statement of Rates

applicable to the Releasing Shipper's Service Agreement and

whether the Releasing Shipper is willing to consider releasing

capacity at a lower rate;

 

(i) whether the Releasing Shipper desires to release capacity on the

basis of a volumetric reservation charge and, if so, whether bids

shall be stated in dollars or as a percentage of Transporter's

maximum reservation charge(s), and if there is a volumetric

commitment, the commitment stated as a percentage of the capacity

awarded;