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

Second Revised Sheet No. 255 Second Revised Sheet No. 255 : Superseded

Superseding: 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. 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 GISB Standard

5.4.1.