Sabine Pipe Line Company LLC

Original Volume No. 1

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

Third Revised Sheet No. 255 Third Revised Sheet No. 255

Superseding: Second 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. 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. 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.