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.