Young Gas Storage Company, Ltd.

Original Volume No. 1

 Contents / Previous / Next / Main Tariff Index

 

 

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.