Petal Gas Storage, L. L. C.

Original Volume No. 1

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Effective Date: 01/09/2010, Docket: RP10-229-000, Status: Effective

Original Sheet No. 24 Original Sheet No. 24

 

FSS-1 RATE SCHEDULE

FIRM STORAGE SERVICE (Continued)

 

 

4.8 Offers to Purchase Released Capacity. An offer to purchase released

capacity from an FSS-1 Customer may be tendered by any person who (i)

meets the creditworthiness criteria set forth in Section 3 of the General

Terms and Conditions of this Tariff; (ii) accepts responsibility for

arranging firm or interruptible transportation on a connecting pipeline;

and (iii) is otherwise eligible to become a Replacement Customer. The

offer to purchase may be submitted in writing or via Petal's Internet

website, setting forth the following information:

 

(a) The identity of the person making the offer, together with

sufficient information about such person to enable Petal to

determine whether such person meets the creditworthiness

criteria.

 

(b) The volume(s) of capacity such person desires to purchase.

 

(c) The MDIQs, TMDIQ, MDWQs and TMDWQ such person desires.

 

(d) The rate(s) such person is offering to pay.

 

(e) The duration of the service to which the offer pertains, and

whether such capacity is sought on a firm or recallable basis.

 

(f) The conditions, if any, upon which the seller of the capacity may

recall it.

 

(g) Any other terms and conditions upon which the offer is contingent.

 

(h) Such other pertinent information as Petal may request, including

Shipper's acknowledgement that its injection and withdrawal rights

under this Rate Schedule are subject to the capacity availability.