Mississippi Canyon Gas Pipeline, LLC

First Revised Volume No. 1

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Effective Date: 07/15/2000, Docket: RP00-317-000, Status: Effective

First Revised Sheet No. 116 First Revised Sheet No. 116 : Effective

Superseding: Original Sheet No.116

 

GENERAL TERMS AND CONDITIONS (cont'd)

 

18. PREGRANTED ABANDONMENT OF FIRM SERVICE AGREEMENTS

 

The following provisions shall apply to FT-1 Transportation

Service Agreements that were executed prior to March 27,

2000, which contain a term of one year or longer, or FT-1

Transportation Service Agreements executed after March 27,

2000, that contain a term of one year or longer at the

maximum rate.

 

18.1 Capacity Posting

 

Transporter shall post on its Internet Web Site that

capacity which will be available upon the termination

of an applicable Transportation Service Agreement for

the purpose of soliciting all bids for the further use

of the capacity pursuant to the following schedule

based on the effective termination date of the

Transportation Service Agreement, whether such date is

specified in the Transportation Service Agreement or in

Transporter's notice of termination as provided for by

such Transportation Service Agreement.

 

Internet Web Site

Term of Posting Existing Shipper's

TSA, Yr. Period, Days Review Period, Days

 

* Greater than 1 & 25 10

Less than or

equal to 5

* Greater than 5 35 15

 

 

18.2 Bidding Procedure & Conditions

 

Each bidder for the firm capacity, or any part thereof,

must submit its bid to Transporter in writing or

through Transporter's Internet Web Site (with the

appropriate service request form and any required

prepayment under Rate Schedule FT-1 submitted to

Transporter under separate cover) within the Internet

Web Site posting period. Each bid shall contain the

term for which the capacity is sought and the

percentage of the maximum rate applicable to Rate

Schedule FT-1 which the bidder is willing to pay for

the capacity.