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. 142 First Revised Sheet No. 142

Superseding: Original Sheet No. 142

 

(3) the location of the reserved capacity on the pipeline system,

specifying the affected pipeline locations and segments and associated

quantities within those locations and segments; (4) the estimated in-

service date of the expansion project; (5) the anticipated timing of the

expansion open season; and (6) on an ongoing basis, how much of the

reserved capacity has been sold on a limited-term basis that would

otherwise be eligible for a right of first refusal. Petal shall make

reasonable efforts to update the reservation posting up to the in-service

date of the expansion project to reflect any material changes in the scope

of the expansion project.

 

d) Capacity may be reserved for an expansion project only during a 12-month

period prior to Petal filing for certificated approval for construction of

proposed expansion project and thereafter until all expansion facilities

are placed into service. Petal may only reserve capacity for an expansion

project for which an open season has been held or will be held within one

(1) year of the date that Petal posts such capacity on its Internet

Website under Informational Postings as being reserved. Petal shall make

a non-binding solicitation for Turnback Capacity no later than 90 days

after the close of the expansion project open season specifying the

minimum time limit for a response to the solicitation. Capacity that has

been reserved for a future expansion project that does not go forward will

be reposted as generally available within 30 days of the date that the

capacity becomes available subject to the provisions of Section 10 of Rate

Schedules FSS, FSS-1 and FTS.

 

e) Any Capacity reserved under this Section 30 shall be made available for

Storage and Transportation Service pursuant to these General Terms and

Conditions on a limited-term basis up to the in-service date of the

expansion project(s). For such limited-term agreements, Petal reserves the

right to limit any extension rights provided in the Service Agreement and

pursuant to Section 10 of Rate Schedules FSS, FSS-1 and FTS, commensurate

with the proposed in-service date of the expansion project, or the actual

in-service date of the expansion project if the project has not been

completed by the proposed in-service date. Petal will indicate any

limitations on extension rights that will apply to such limited-term

Storage and Transportation Service on Petal's Internet Website under

Informational Postings listing Unsubscribed Capacity.

 

Reservation of capacity under this Section 30 shall not in any way modify

or limit existing capacity holders' rights under Section 10 of Rate

Schedules FSS, FSS-1 and FTS.