Granite State Gas Transmission, Inc.

Fourth Revised Volume No. 1

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Effective Date: 03/01/2010, Docket: RP10-322-000, Status: Effective

Original Sheet No. 114 Original Sheet No. 114

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

26. CAPACITY RELEASE

26.1 Purpose

 

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.

 

26.2 Applicability

 

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.

 

26.3 General Provisions

 

Any firm customer is eligible to release its firm

transportation capacity for use by a Replacement Customer subject

to the provisions of this Article.

 

(i) A Releasing Customer may release any portion of its

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 subsequent releases.

 

(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.