Sabine Pipe Line Company LLC

Original Volume No. 1

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Effective Date: 03/01/2009, Docket: RP09-228-000, Status: Pending

Fourth Revised Sheet No. 250 Fourth Revised Sheet No. 250

Superseding: Third Revised Sheet No. 250

 

10.2 Types of Capacity Releases (Cont'd)

 

b) Temporary Release of Firm Capacity

 

A Releasing Shipper may temporarily release all or part of its

firm capacity for a specified term without a right of recall. A

Replacement Shipper who is awarded firm capacity pursuant to a

Temporary Release shall execute a Confirmation Letter pursuant to

the Form of Service Agreement Applicable to Temporary Firm

Transportation Service Pursuant to Award of Released Capacity.

Such Confirmation Letter will be for the released capacity at the

rate bid by the Replacement Shipper and accepted by the Releasing

Shipper, up to the maximum rate and for the term bid by the

Replacement Shipper. No rate limitation applies to the release of

capacity for a period of one year or less and all such releases

must comply with the posting and bidding requirements set forth in

this Section 10. Under Negotiated Rate agreements, the Releasing

Shipper is obligated to pay Sabine the difference, if any, by

which the Negotiated Rate exceeds the rate paid by the Replacement

Shipper.

 

c) Temporary Release - Subject to Recall

 

A Releasing Shipper may temporarily release all or part of its

firm capacity subject to recall by the Releasing Shipper upon the

occurrence of the condition(s) specified in the Releasing

Shipper's Offer to Release Capacity. A Replacement Shipper who is

awarded capacity pursuant to a Temporary Release subject to recall

shall execute a Confirmation Letter pursuant to the Form of

Service Agreement Applicable to Temporary Firm Transportation

Service Pursuant to Award of Released Capacity. Such Confirmation

Letter will be for the released capacity, subject to the right of

recall, at the rate bid by the Replacement Shipper, up to the

maximum rate, and for the term bid by the Replacement Shipper;

provided. No rate limitation applies to the release of capacity

for a period of one year or less and all such releases must comply

with the posting and bidding requirements set forth in this

Section 10. Under Negotiated Rate agreements, the Releasing

Shipper is obligated to pay Sabine the difference, if any, by

which the Negotiated Rate exceeds the rate paid by the Replacement

Shipper