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;