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

First Revised Sheet No. 141 First Revised Sheet No. 141

Superseding: Original Sheet No. 141

 

GENERAL TERMS AND CONDITIONS (Continued)

 

 

30. Capacity Reserved for Expansion Projects

 

a) Petal reserves the right, but shall not be obligated, to reserve for

expansion projects capacity that is or will become available. Such

available capacity shall consist of the following types of existing or

potential unsubscribed capacity:

 

(i) Capacity currently posted on Petal's Internet Website under

Informational Postings as unsubscribed, available capacity

("Unsubscribed Capacity");

 

(ii) Capacity that will be returned to Petal by an existing

capacity holder at the expiration of that Shipper's

contract term(s) pursuant to the provisions of

Section 10 of Rate Schedules FSS, FSS-1 and FTS, Right of

First Refusal ("ROFR");

 

(iii) Capacity that is returned to Petal by an existing capacity

holder at the expiration of that Shipper's capacity

("Expiring Capacity");

 

(iv) Capacity that is returned to Petal in response to a direct

solicitation from Petal to existing capacity holders for

permanent releases of capacity to serve an expansion

project ("Turnback Capacity").

 

b) Hereinafer, any references to the term "capacity" in this Section 30

shall mean the four types of available capacity listed in Section 30(a)(i)-

(iv), collectively, unless noted otherwise.

 

Before any capacity can be reserved by Petal, it must first be posted on

Petal's Internet Website under Informational Postings as Unsubscribed

Capacity for at least five (5) Business Days. Such capacity will be

awarded pursuant to this Tariff (see Section 4 of these General Terms and

Conditions).

 

c) Any available capacity that remains unsubscribed following the five (5)

Business Days posting can be reserved for an expansion project. Petal

shall notify shippers of its reservation of capacity for an expansion

project by making a "reservation posting" on its Internet Website. The

reservation posting shall include, but not be limited to, the following

information: (1) a description of the expansion project for which the

capacity is being reserved; (2) the quantity of capacity being reserved;