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. 80N Third Revised Sheet No. 80N
Superseding: Second Revised Sheet No. 80N
GENERAL TERMS AND CONDITIONS
(Continued)
9.7 (Continued)
(n) whether the Releasing Shipper is willing to accept contingent
bids.
(o) Releasing Shipper shall elect one of the following:
(i) establish minimum terms of the release and display them
on the electronic bulletin board;
(ii) establish minimum terms of the release and keep such
terms confidential (i.e., not post them on the
electronic bulletin board) but Bidding Shipper will be
informed on the electronic bulletin board that minimums
have been established;
(iii) establish no minimum terms; Releasing Shipper will
accept highest bid received for the release.
(p) any other applicable conditions of the release.
9.8 Posting the Results of Prearranged Releases. With respect to a
prearranged release which is not subject to an open season,
Transporter shall post notice of completed transactions pursuant to
Section 9.15 hereof of such release within two Business Days after
the transaction commences.
9.9 Notice by Shipper Electing to Release Capacity on Prearranged
Release Basis and Confirmation of Bid by Prearranged Shipper. The
Releasing Shipper shall deliver a notice of a prearranged release
via Transporter's electronic bulletin board or via an Electronic
Data Interchange ("EDI") upload of the prearranged deal utilizing
the NAESB Standard data sets. Likewise, the prearranged Shipper must
confirm its bid electronically either interactively on the
electronic bulletin board or via an EDI upload of the confirmation
utilizing the NAESB Standard data sets. The offer upload bidder
confirmation and quick response process should support the
association of a replacement capacity contract with another contract
for balancing or related purposes. The support for this process
between parties should be on a mutually agreeable basis. (NAESB
Standard 5.3.30) The electronic bulletin board notice shall set
forth the following information: