Williston Basin Interstate Pipeline Co.
Second Revised Volume No. 1
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Effective Date: 05/21/2010, Docket: RP10-621-000, Status: Effective
Seventh Revised Sheet No. 259 Seventh Revised Sheet No. 259
Superseding: Sixth Revised Sheet No. 259
GENERAL TERMS AND CONDITIONS (Continued)
17. FIRM CAPACITY RELEASE MECHANISM (Continued)
such storage capabilities on an aggregate storage basis.
Shipper(s) desiring to acquire all or a portion of any released
firm storage service must have, or be able to acquire, the
necessary transportation capacity from Transporter, if
Transporter's transportation facilities are to be used. If a
Replacement Shipper intends to use a transportation service
provided by another pipeline directly connected to Williston
Basin's storage fields, then the Releasing Shipper shall be
allowed to release its storage capabilities on a storage field
specific basis. In such case, Transporter shall be obligated to
inform the Releasing Shipper of the corresponding storage field
specific MSCQ, FCQ, and MSIQ capable of being released in
conjunction with the MSDQ being released.
17.7 A Releasing Shipper may bring a deal to Transporter for capacity
such Shipper intends to release pursuant to Subsections 17.5.1 and
17.5.2.1. All of the procedures described in this Section 17 will also
apply to a deal except that:
17.7.1 Except for those deals excluded from bidding in
accordance with Subsection 17.5.2.2, Releasing Shipper must post
for bidding any deal with a term that is greater than 31 days but
less than the maximum rate, in accordance with Subsections 17.3
and 17.4 hereof. Such firm capacity release information will be
posted on Transporter's Website pursuant to the provisions of
Section 8 of these General Terms and Conditions to determine if
other Shippers are willing to offer better terms and conditions.
17.7.1.1 In the event the Releasing Shipper does not
specify an evaluation method for determining the best of the
valid bids, a net present value per unit of demand
calculation will be used as described in Subsection 10.4 of
these General Terms and Conditions. For volumetric
releases, the volumetric rate(s) will be converted into the
equivalent monthly Reservation/Demand rate in order to
calculate a net present value per unit of demand as
described in Subsection 10.4 of these General Terms and
Conditions.
17.7.1.2 If the deal is at less than the maximum rate and
if no better bid than that included in the deal is received,
Transporter will contract with the potential