Petal Gas Storage, L. L. C.

Original Volume No. 1

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Effective Date: 11/01/2010, Docket: RP10-1219-000, Status: Effective

Third Revised Sheet No. 74A Third Revised Sheet No. 74A

Superseding: Second Revised Sheet No. 74A

 

FTS RATE SCHEDULE (Continued)

 

 

(v) Intraday 2 Recall Notification:

 

(a) A Releasing Customer recalling capacity should provide

notice of such recall to the Seller and the first

Replacement Customer no later than 2:30 p.m. on the day

that Intraday 2 Nominations are due;

 

(b) The Seller should provide notification of such recall to

all affected Replacement Customers no later than 3:30 p.m.

on the day that Intraday 2 Nominations are due (Central

Clock Time).

 

NAESB Standard 5.3.45 (Version 1.9) states: For recall notification

provided to the Seller prior to the recall notification deadline

specified above and received between 7:00 a.m. and 5:00 p.m., the Seller

should provide notification to all affected Replacement Customers no

later than one hour after receipt of such recall notification. For

recall notification provided to the Seller after 5:00 p.m. and prior to

7:00 a.m., the Seller should provide notification to all affected

Replacement Customers no later than 8:00 a.m. after receipt of such

recall notification (Central Clock Time).

 

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

capacity from a FTS 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 FERC Gas Tariff; and (ii) 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) Primary Receipt and Delivery Point(s).

 

(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.