Richfield Gas Storage System

Substitute Volume No. 1

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Effective Date: 06/01/1997, Docket: RP97-150-002, Status: Effective

First Revised Sheet No. 11 First Revised Sheet No. 11 : Superseded

Superseding: Original Sheet No. 11

service, the Designated Replacement Customer may

match the bid that has the greatest economic value

within the time period specified in Section

6(e)(4).

 

(4) Richfield shall post the winning bid and bidder on

its EBB for ninety (90) days.

 

(g) Permanent Replacement Customers. If a Customer releases

all of its capacity on a firm, permanent basis --

 

(1) that Customer's FSS-1 Service Agreement with

Richfield shall expire on the date upon which the

Replacement Customer's FSS-1 Service Agreement

takes effect;

 

(2) the Replacement Customer must meet the

creditworthiness criteria in Section 10 of the

General Terms and Conditions of Richfield's FSS-1

tariff; and

 

(3) the Replacement Customer must execute an FSS-1

Service Agreement with Richfield.

 

(h) Recall of Released Capacity. If a Releasing Customer has

reserved a right to recall released capacity and wishes to

recall capacity to be effective for a day, the notice should be

provided to Richfield and the Replacement Customer(s) or the

Designated Replacement Customer no later than 8:00 a.m. Central

Time on nomination day. There shall be no partial day recalls

of capacity. Richfield shall support the function of reputting

by Releasing Customers.

 

(i) Application of Payments. Payments to Richfield by a

Replacement Customer for released capacity shall be applied as

follows: (i) Richfield shall retain amounts equal to the

Releasing Customer's Quantity Delivery Charge, Quantity

Redelivery Charge, or Authorized Overrun Charge, whichever is

applicable, together with any Winter Delivery Charge or Fuel

Reimbursement Charge due in respect of the released capacity;

(ii) Richfield will credit the balance to Reservation and

Capacity Charges due from the Replacement Customer; and (iii)

Richfield shall remit any remaining balance to the Releasing

Customer.

 

(j) Offers to Purchase Capacity. An offer to purchase

released capacity from an FSS-1 Customer may be tendered by any

person who (i) meets the creditworthiness criteria set forth in

Section 10 of the General Terms and Conditions of Richfield's

FSS-1 tariff; (ii) has an effective Firm or Interruptible

Transportation or Sales Service Agreement on a connecting

pipeline; and (iii) is otherwise eligible to become a

Replacement Customer. The offer to purchase must be made by

written notification to Richfield, setting forth the following

information --