Sabine Pipe Line Company LLC

Second Revised Volume No. 1

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Effective Date: 08/01/1998, Docket: RP98-265-000, Status: Effective

Third Revised Sheet No. 253 Third Revised Sheet No. 253 : Superseded

Superseding: Second Revised Sheet No. 253

 

10.4 Timetable for Release Events

 

The Capacity Release Timetable is applicable to all

Parties in the capacity release process provided that

1) all information provided by the parties is valid and

the Replacement Shipper has been determined to be

creditworthy before the capacity release bid is

tendered, and 2) there are no special terms or

conditions of the release. All times are Central Clock

Time.

 

a) For Short-Term Releases (less than five (5)

months):

 

* Offers must be tendered by 1:00

p.m. on the day before nominations are due;

 

* open season ends no later than 2:00

p.m. on the day before nominations are

due(evaluation period begins at 2:00 p.m.

during which contingency is eliminated,

determination of best bid is made, and ties

are broken);

 

* evaluation period ends at 3:00 p.m.;

 

* match or award is communicated by 3:00

p.m.;

 

* match response by 4:00 p.m.;

 

* award posting by 5:00 p.m.;

 

* posting of pre-arranged deals not

subject to bid by 9:00 a.m. the day of

nominations;

 

* contract tendered with contract #

by 10:00 a.m.; contract executed; nomination

possible for next Day gas flow. (Central

Clock Time)