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
26. 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
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.