Kern River Gas Transmission Company

Second Revised Volume No. 1

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Effective Date: 07/30/2008, Docket: RP09-306-000, Status: Effective

Original Sheet No. 144A Original Sheet No. 144A

 

. GENERAL TERMS AND CONDITIONS .

(Continued)

 

. .

15. CAPACITY RELEASE PROGRAM (Continued)

 

15.3 Releases Permitted Without Prior Posting and Bidding. (Continued)

 

(2) If the capacity release is for a period of more than

one year, the asset manager's delivery or purchase

obligation must apply on any day during a minimum

period of five months (or 155 days) of each twelve

month period of the release, and on five-twelfths of

the days of any additional period of the release not

equal to twelve months.

 

(d) Release to Marketer Participating in State-Regulated Retail

Access Program: Prior posting and bidding pursuant to the

procedures set forth in this Section 15 will not be required

for any pre-arranged capacity release that will be utilized

by the Replacement Shipper to provide the gas supply

requirement of retail consumers pursuant to a retail access

program approved by the state agency with jurisdiction over

the local distribution company that provides delivery

service to such retail consumers.

 

15.4 Transporter's Posting of Release Requests.

 

(a) NAESB 5.3.24: "Capacity release facilitator should post

offers and bids, including prearranged deals, upon receipt.

A releasing shipper may request a later posting time for

posting of such offer, and the capacity release service

facilitator should support such request insofar as it

comports with the standard Capacity Release timeline

specified in NAESB Standard 5.3.2." Notwithstanding the

foregoing, Transporter will not post the identity of any

Prearranged Bidder pursuant to this Section 15.4(a). The

period of time for Transporter's posting of the information

related to the Release ("Posting Period"), and the period of

time during which bids will be received on such Release

"Bidding Period"), will be in accordance with the relevant

periods of time set forth in Section 15.8.