Portland Natural Gas Transmission System

Second Revised Volume No. 1

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Effective Date: 03/01/2009, Docket: RP09-338-001, Status: Effective

Substitute First Revised Sheet No. 343 Substitute First Revised Sheet No. 343

Superseding: Original Sheet No. 343

 

GENERAL TERMS AND CONDITIONS (Continued)

 

11. CAPACITY RELEASE

 

11.1 Purpose. This Section 11 sets forth the specific terms and

conditions applicable to Transporter's implementation of the capacity release

program, as provided by Order Nos. 636 and 636-A, 712 and 712-A, and 18 C.F.R.

 

11.2 Definitions. For purposes of this Section, the following

definitions shall apply:

 

(a) Asset Manager: shall be a party that agrees to manage gas supply

and transportation arrangements for another party, as a Replacement Shipper.

 

(b) Asset Management Arrangement: shall mean any pre-arranged release

to an Asset Manager which contains a condition that the Releasing Shipper may

call upon the Asset Manager to deliver gas to, or purchase gas from, the

Releasing Shipper in an amount up to 100 percent of the released capacity,

subject to the following conditions:

 

(1) For releases of one year or less, the Asset Manager's

delivery or purchase obligation must apply on any day during a minimum period

of the lesser of five months (or 155 days) or the term of the release.

 

(2) For releases of more than one year, the Asset Manager's

delivery or purchase obligation must apply on any day during a minimum period

of five months (or 155 days) of each twelve-month period of the release, and

on five-twelfths of the days of any additional period of the release not equal

to twelve months.

 

(c) Prearranged Replacement Shipper: shall mean a Shipper that has

reached an agreement with a Releasing Shipper to acquire its released capacity

prior to the time that the Releasing Shipper submits its Release Notice to

Transporter in accordance with the provisions of this Section.

 

(d) Release Notice: shall mean the notice that a Releasing Shipper

provides to Transporter in accordance with the provisions of Section 11.6

herein.