Tennessee Gas Pipeline Company

FIFTH REVISED VOLUME NO. 1

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Effective Date: 08/01/2009, Docket: RP09-737-002, Status: Effective

Twelfth Revised Sheet No. 347 Twelfth Revised Sheet No. 347

Superseding: Eleventh Revised Sheet No. 347

 

GENERAL TERMS AND CONDITIONS (Continued)

 

12.8 Reassignment of Released Capacity

 

A Replacement Shipper shall be allowed to release the capacity under its

Storage Service Agreement, subject to the conditions provided in Section

12.6(a) of this Article III.

 

12.9 Submission of Information

 

Parties shall submit all necessary information, Release Requests, Replacement

Requests and bids to Transporter by way of PASSKEY.

 

12.10 Marketing of Released Capacity

 

Transporter shall have no obligation to market any storage rights available

to be released by a Releasing Shipper. Transporter, however, may agree to

market storage rights for a Releasing Shipper and may negotiate a fee with

the Releasing Shipper for such service.

 

12.11 Further Conditions on Release of Storage Rights

 

(a) Persons participating in Transporter's storage release program are subject

to the same conditions applicable to participants in Transporter's

transportation release program set forth in Article III, Section 11.11(a),

(b), (e), (g), (i), (j), (k), and (l) of these General Terms and

Conditions.

 

(b) The minimum term for any release shall be one month, and the maximum term

shall be the remaining term of the Releasing Shipper's Storage Service

Agreement.

 

(c) The rates for any release shall be the applicable deliverability, space,

and injection and withdrawal charges, as well as all other applicable

rates, charges and surcharges set forth in this FERC Gas Tariff,

notwithstanding any discount to such rates, charges or surcharges then in

effect for the Releasing Shipper; provided, however, that no rate

limitation applies to the release of capacity that becomes effective on

or after July 30, 2008 for a period of one (1) year or less when the

release is to take effect on or before one (1) year from the date on

which Transporter is notified of the release.

 

(d) NAESB Standard 5.3.7 (Version 1.8) states: Transportation service

providers should support the function of reputting by releasing shippers.

A Releasing Shipper may specify in the Release Request whether the

recalled capacity is to be reput (i.e., released back) to the original

Replacement Shipper and the terms of the reput. These terms may be

either: (i) reput must be accepted by the original Replacement Shipper

for the original terms of the release or (ii) reput may be accepted at the

option of the original Replacement Shipper for the original terms of the

release.

 

Releasing Shippers may, to the extent permitted as a condition of the

capacity release, recall released capacity by providing notice to

Transporter in accordance with the following timeline. Recall

notification to the Transportation service provider shall show the recall

notification quantity expressed in terms of total released entitlements.

 

For Recall Notification NAESB Standard 5.3.44 (Version 1.8) states:

 

(i) Timely Recall Notification:

 

(a) A Releasing Shipper recalling capacity should provide notice

of such recall to the Transportation service provider (TSP)

and the first Replacement Shipper no later than 8:00 a.m. on

the day that Timely Nominations are due;