Millennium Pipeline Company, L. L. C.
Original Volume No. 1
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Effective Date: 11/01/2009, Docket: RP10-17-000, Status: Effective
First Revised Sheet No. 86 First Revised Sheet No. 86
Superseding: Original Sheet No. 86
GENERAL TERMS AND CONDITIONS
(Continued)
Available Reservation Capacity may only be reserved in the 12-month
period prior to the filing of the certificate application. Any Available
Reservation Capacity reserved pursuant to this Section 4.2(i) for an
expansion project that does not go forward because Transporter does not file
any required application with the Commission within one year from such
reservation date, or because Transporter ultimately does not receive
authorization, will be posted as generally available within 30 days of the
date the capacity becomes available subject to then existing commitments for
the capacity.
Transporter postings for reserved Available Reservation Capacity will
include the following information: (a) a description of the expansion
project for which the capacity will be reserved; (b) the total quantity of
capacity to be reserved; (c) the location of the proposed reserved capacity
on the pipeline system; (d) whether, and if so, when Transporter anticipates
that an open season for the capacity will be held or it will otherwise be
posted for bids under the expansion; (e) the projected in-service date of the
expansion projects; and (f) on a rolling basis, how much of the reserved
capacity has been sold on a limited-term basis. Transporter will make
reasonable efforts to update the reservation posting to reflect material
changes in the expansion project up to the in-service date of the expansion
project. The reservation posting will also include a non-binding
solicitation (or reverse open-season) for turnback capacity from
Transporter's existing shippers to serve the expansion project, provided that
Transporter will post the non-binding solicitation for turnback capacity no
later than 90 days after the close of the expansion project open season.
(j) Sale of Future Capacity Procedures.
(i) Transporter may conduct an open season to sell the following types
of capacity with a service commencement date that begins immediately or
at any time in the future: (1) any unsubscribed capacity; (2) any
capacity under expiring or terminating Service Agreements where such
Agreements do not have a right of first refusal or Shipper does not
exercise its right of first refusal; or (3) any capacity that becomes
available due to modification, construction, or acquisition of facilities
in accordance with the Commission's blanket certificate regulations
(collectively "Available Sale Capacity").
(ii) If Transporter conducts an open season, it will post notice of
availability of the Available Sale Capacity on its EBB for at least five
(5) Business Days to afford all potential Shippers an opportunity to
acquire the capacity. Any potential Shippers wishing to acquire the
Available Sale Capacity may participate in the open season and may
request an immediate or any future service commencement date. Transporter
will award the Available Sale Capacity on a net present value basis
consistent with Section 4.2(c)(2) of these General Terms and Conditions.