Oktex Pipeline Company

Original Volume No. 1

 Contents / Previous / Next / Main Tariff Index

 

 

Effective Date: 02/01/2009, Docket: RP09-278-000, Status: Effective

Seventh Revised Sheet No. 40B Seventh Revised Sheet No. 40B

Superseding: 6th Revised Sheet No. 40B

 

2. Transporter's Shippers under Rate Schedule FTS are permitted to release

their capacity, in whole or in part, on a permanent or temporary basis, on a

firm or interruptible basis, provided Shipper complies with the applicable

provisions of this Article XXXIII. Such existing Shipper may propose a

potential shipper to obtain its released capacity from Transporter.

 

3. A firm Shipper that wants to release any or all of its firm capacity

must submit (1) a Shipper's Form (Schedule A, attached hereto) to the

Transporter, or (2) the information required therein electronically via the

CAWP (hereinafter referred to as "Shipper's Notice"). If the Shipper is

willing to accept contingent bids for such release capacity, the Shipper shall

advise the Transporter in detail of the contingencies (in form, content and

operation) that are acceptable. Shipper shall also advise Transporter

whether, or for what time period, the next highest bidder will be obligated to

acquire the capacity should the winning contingent bidder exercise its option

not to take the capacity. Transportation service providers should allow

re-releases on the same terms and basis as the primary release (except as

prohibited by regulations and Section 17 of this Article XXXIII).

 

4. Except as provided in Sections 17 and 18 of this Article XXXIII, all

Shipper's Notice(s) will be posted on Transporter's IPP in accordance with the

provisions of Schedule B, attached hereto and shall conform to NAESB Standard

5.3.18. Transporter may take other action to market any released capacity.

The Shipper may search for any party to take its capacity both before and

after the capacity is posted on the IPP. However, a capacity release cannot

be consummated until after it is posted. Contracting is done directly with

Transporter. Transporter will post on its IPP its available firm or

interruptible capacity and the terms and conditions applicable to such

capacity. Potential shippers may elect, in their discretion, to contract for

Transporter's uncommitted firm capacity, the released capacity or

interruptible capacity. If releasing shipper wishes to recall capacity to be

effective for a gas day, the notice should be provided to the transportation

service provider and the acquiring shipper no later than 8:00 A.M. Central

Clock Time on nomination day. There should be no partial day recalls of

capacity. Transportation service providers should support the function of

reputting by releasing shippers. The releasing party has the right to

withdraw its offer during the bid period, where unanticipated circumstances

justify and no minimum bid has been made.

 

5. Except as provided in Sections 17 and 18 of this Article XXXIII, a

potential shipper that wants to bid for any or all of a Shipper's released

capacity must submit (1) a Bidder's Form (Schedule C, attached hereto) to the

Transporter or the information required therein electronically via the IPP

(hereinafter referred to as "Bid Notice"). All Bid Notices will be posted on

Transporter's IPP in accordance with the provision of Schedule B. A potential

shipper may withdraw its bid at anytime prior to 5:00 p.m. on the ninth

business day prior to the beginning date of the release period. Bids and

Offers should be complete before being posted. Only posted offers and bids

should be available electronically. Bids should be binding until written or

electronic notice of withdraw is received by the capacity release service

provider. Offers should be binding until written or electronic notice of

withdraw is received by the capacity release service provider. Bids cannot be

withdrawn after the bid