Texas Gas Transmission, LLC
Third Revised Volume No. 1
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Effective Date: 03/01/2009, Docket: RP09-304-000, Status: Effective
First Revised Sheet No. 2809 First Revised Sheet No. 2809
Superseding: Original Sheet No. 2809
GENERAL TERMS AND CONDITIONS
Section 16
(Cont'd)
(xiii) Offers and bids, including prearranged deals, will be posted upon
receipt. A Releasing Customer may request a later posting time for
pooling of such offer, and Pipeline shall support such request
insofar as it comports with the standard timelines set forth in
Section 16.4 (c) and (d);
(xiv) Capacity Release ID Number (to be provided by Pipeline);
(xv) Name, address and telephone number of Releasing Customer
(optional);
(xvi) Date and Time Posted on Internet Website (to be provided by
Pipeline);
(xvii) whether a capacity release is a release to an Asset Manager as
defined in 18 C.F.R. Section 284.8(h)(3) ("Asset Manager") and the
Asset Manager's obligation to deliver gas to, or purchase gas from,
the Releasing Customer;
(xviii) whether a capacity release is a release to a Retail Access Marketer
as defined in 18 C.F.R. Section 284.8(h)(4) ("Retail Access
Marketer"); and
(xix) any other information necessary to describe the capacity release
transaction in accordance with the NAESB Capacity Release Dataset.
(b) Posting and Withdrawal of Capacity Release Notices
(i) Releasing Customers must comply with the time periods for posting
releases to Pipeline's Internet Website as stated below:
For short-term releases (less than 1 year):
Offers must be tendered by 12:00 p.m. (Central Clock Time) on a
Business Day.
For long-term releases (1 year or more):
Offers must be tendered by 12:00 p.m. (Central Clock Time) four
Business Days before award.
(ii) Releasing Customers may withdraw an offer to release capacity
before the expiration of the bidding deadline when necessary to
respond to unanticipated circumstances and no minimum bid has been
made. Releasing Customers cannot withdraw a capacity release notice
because it is dissatisfied with the bids received, if those bids
meet or exceed the minimum conditions specified in the notice. The
Capacity Release Notice will be legally binding on the Releasing
Customer until written or EDM notice of withdrawal is received by
the Pipeline.
(iii) Releasing Customers may also withdraw a capacity release notice and
post a new capacity release notice when necessary to respond to a
term in a bid that was not addressed or anticipated in the original
capacity release notice or when no bids are submitted which meet
the minimum terms of the capacity release notice and the Releasing
Customer wishes to re-post its offer to release using different
minimum conditions. Such re-posting of capacity releases will be
subject to a new bidding period, to be indicated by the Releasing
Customer in the new capacity release notice.