Granite State Gas Transmission, Inc.
Third Revised Volume No. 1
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Effective Date: 01/31/2003, Docket: RP97-153-000, Status: Effective
First Revised Sheet No. 296 First Revised Sheet No. 296 : Superseded
Superseding: Original Sheet No. 296
GENERAL TERMS AND CONDITIONS
29. CAPACITY RELEASE
This Article sets forth the specific terms and conditions which
shall apply on a uniform, non-discriminatory basis to the right
of firm Part 284 customers to release capacity entitlements on
the Transporter's system.
This Article is applicable to any customer that has executed a
service agreement for firm transportation. Any such customer
shall have the right to release any portion of the firm
capacity entitlements it holds provided that the capacity
released is acquired by a Replacement Customer pursuant to the
terms of this Article.
29.3 General Provisions
Any firm customer is eligible to release its firm transportation
capacity for use by a Replacement Customer subject to the provi
sions of this Article.
(i) A Releasing Customer may release any portion of its
between a minimum release requirement of 100 Dth/d and its
Maximum Daily Quantity, and may release capacity for a
minimum term of one day up to the remaining term of its
firm service agreement.
(ii) Any Replacement Customer which has previously contracted
for released capacity may also release the capacity to
another party as long as the remaining term for the
released capacity is for more than one month. While there
is no restriction on the number of times capacity can be
released, the original terms and conditions on release
imposed by the Releasing Customer, including any right to
recall the capacity will continue to apply to all
(iii) Any party interested in acquiring capacity through this
Capacity Release Program must submit all credit
information required in Article 25 of these General Terms
and Conditions and be prequalified before the party can
submit bids under Transporter's capacity release program.