Sabine Pipe Line Company LLC
Original Volume No. 1
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Effective Date: 05/01/2000, Docket: CP00- 24-001, Status: Effective
Original Sheet No. 266 Original Sheet No. 266 : Effective
bid, the bids will be ranked by means of a lottery,
with all capacity being allocated to the winner(s),
unless the offer to release capacity specifies a
different tie breaker.
10.10 Award of Capacity and Posting of Bids
Upon determination and acceptance of the best bid(s),
the winning Replacement Shipper(s) will be notified in
writing or electronically by Sabine. Sabine will post
notice on Sabine's Internet web site (web site) that
the capacity has been awarded. The notice will include
the Replacement Shipper's name(s) and the price,
reservation quantity and term of the best bid. A
Confirmation Letter incorporating the terms of the
accepted bid, shall be tendered and executed by the
Replacement Shipper(s) prior to Sabine's nomination
deadline for the flow of gas utilizing the released
capacity.
If no bids are submitted by the bid deadline, the
Releasing Shipper's Offer shall be removed from
Sabine's Internet web site (web site).
10.11 Prearranged Releases
a) Prearranged Releases Subject to Bidding
A Releasing Shipper may arrange for its own
Replacement Shipper. The Prearranged Replacement
Shipper must meet all of the requirements
established for bidders pursuant to this Section
10. If the Prearranged Replacement Shipper agrees
to pay the maximum reservation charge applicable
to the Releasing Shipper's service, for the full
released quantity and term offered by the
Releasing Shipper, and the Prearranged Replacement
Shipper satisfies all of the requirements of this
Section 10, the Prearranged Bid will be deemed the
best bid, and a Confirmation Letter must be
executed in accordance with this Section 10 and
the terms of Sabine's FERC Gas Tariff. Sabine
shall thereafter post on its Internet web site
(web site) the identity of the Prearranged
Replacement Shipper, and the terms upon which the
capacity was released.