Venice Gathering System, L. L. C.

Original Volume No. 1

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Effective Date: 03/01/2009, Docket: RP09-357-000, Status: Effective

Second Revised Sheet No. 140 Second Revised Sheet No. 140

Superseding: First Revised Sheet No. 140

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

(2) Maximum Rate

 

A Releasing Shipper may arrange for its own Replacement

Shipper and avoid posting and bidding if the Replacement Shipper

is bidding on capacity for a term of greater than one (1) year or

for a term of one (1) year or less, if the release is to take

effect more than one (1) year from the date on which VGS is

notified of the release, and the release is at the maximum rate

allowed. The Prearranged Replacement Shipper must meet all of

the requirements established for bidders pursuant to this Section

13. Pre-arranged Releases longer than 31 days but less than one

(1) year must be posted for bidding regardless of the rate agreed

to by the Replacement Shipper. When the Prearranged Replacement

Shipper is bidding on capacity with a term greater than one (1)

year or for a term of one (1) year or less, if the release is to

take effect more than one (1) year from the date on which VGS is

notified of the release, and agrees to the maximum reservation

charge applicable 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 13, the

Prearranged Bid will be deemed the best bid, and a Confirmation

Letter must be executed in accordance with this Section 13 and

the terms of VGS' FERC Gas Tariff. VGS shall thereafter post on

its Internet Home Page the identity of the Prearranged

Replacement Shipper, and the terms upon which the capacity was

released.

 

(3) AMAs and Marketers under State-Regulated Plans

 

A Releasing Shipper may avoid posting and bidding

requirements for a release to:

 

(i) an asset manager under and AMA, pursuant

to 18 C.F.R. 284.8(h); or

 

(ii) a marketer participating in a state-

regulated retail access program, pursuant to 18

C.F.R. 284.8(h).