Young Gas Storage Company, Ltd.
Original Volume No. 1
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Effective Date: 08/01/2010, Docket: RP10-921-000, Status: Effective
Third Revised Sheet No. 80M Third Revised Sheet No. 80M
Superseding: Second Revised Sheet No. 80M
GENERAL TERMS AND CONDITIONS
(Continued)
9.7(Continued)
(g) whether the Releasing Shipper desires to release capacity on a
volumetric Reservation Rates basis, and, if so, the minimum
acceptable rate, and if applicable, any minimum volumetric load
factor commitment. (Capacity releases made on a volumetric rate
basis cannot be rereleased by the Replacement Shipper);
(h) maximum Tariff Reservation Rates applicable to Rate Schedule
FS-1 for which capacity being released as shown on
Transporter's Statement of Rates will be posted in the notice
of release by Transporter;
(i) if Releasing Shipper is willing to consider releasing capacity
at less than maximum Reservation Rates stated in (h) above, and
if so, the minimum Reservation Rates Releasing Shipper is
willing to accept;
(j) whether the Releasing Shipper wants Transporter to market the
capacity in accordance with Section 9.18 hereof;
(k) for releases posted to comply with the NAESB Timeline as shown
in Section 9.5(c) hereof, the Releasing Shipper shall select
one of the following bid evaluation methods which are described
more fully in Section 9.12(d):
(i) Present Value
(ii) Highest Rate
(iii) Net Revenue
(l) in lieu of the methods described in Section 9.7(k) above, the
Releasing Shipper may provide its own nondiscriminatory bid
evaluation criteria; except that Transporter will not accept
first bidder meeting minimum acceptable terms of the release as
a valid bid evaluation method. However, Transporter is not
obligated to comply with the NAESB Timeline shown in Section
9.5(c), hereof, if one of the methods shown in Section 9.7(k)
is not chosen. In that case, Transporter shall apply the
timeline for releases subject to special terms and/or
conditions contained in Section 9.5(b) above.
(m) the time and date the notice is to be posted on Transporter's
electronic bulletin board. Release notice will be posted upon
receipt unless otherwise requested by Releasing Shipper. Open
season dates will be posted by Transporter based on the
requirements of Section 9.5 of this Tariff or by Releasing
Shipper, if Shipper requests an open season longer or earlier
posting than required in Section 9.5 herein. After the open
season has commenced, a Releasing Shipper cannot specify the
extension of an open season bid period without posting a new
release.