Sabine Pipe Line Company LLC
Original Volume No. 1
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Effective Date: 07/01/2003, Docket: RP03-367-000, Status: Effective
Second Revised Sheet No. 255 Second Revised Sheet No. 255 : Effective
Superseding: Substitute First Revised Sheet No. 255
10.5 Offer to Release Capacity
Offers to Release Capacity must be submitted in
accordance with the schedules set forth in Subsection
10.4. Such offers must be in writing and on the
release form provided by Sabine (hereinafter called
Releasing Shipper's Offer) or provided electronically.
Sabine shall post the Releasing Shipper's Offer on its
Internet web site (web site). The posting of the Offer
will also include the maximum reservation rate
applicable to the capacity, the date and time by which
bids must be submitted in accordance with the capacity
release timetable, and the date and time the Offer is
posted; provided, however, the maximum rate limitation
shall not be applicable to capacity release
transactions occurring between March 27, 2000 and
September 30, 2002, if the term of the release is less
than one (1) year. Releasing Shipper may withdraw an
offer to release capacity at any time prior to the
receipt by Sabine of a bid for the capacity that meets
the Releasing Shipper's minimum bid specifications. All
offers will be considered binding until written or
electronic notice of withdrawal is received by Sabine.
Any Shipper offering to release all or part of its firm
capacity under an executed Firm Service Agreement shall
provide the information required by NAESB WGQ Standard
5.4.1.