Saltville Gas Storage Company L.L.C.

Original Volume No. 1

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Effective Date: 01/01/2009, Docket: RP09-71-000, Status: Effective

First Revised Sheet No. 127A First Revised Sheet No. 127A

Superseding: Original Sheet No. 127A

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

4.16 Permanent Capacity Releases. To the extent that any Customer

desires to release all or any part of its firm rights under Rate

Schedule FSS on a permanent basis, the procedures specified in

this Section 4 shall apply. In addition, the Replacement Customer

that will acquire the capacity from Customer must submit a request

for service electronically via the LINK® System and provide the

credit information as required by Section 3.4 herein. For any

permanent capacity release, the minimum bid acceptable to

Saltville shall be a bid for the remainder of the term of

Customer's service agreement at the rate(s) Customer is obligated

to pay Saltville for the capacity to be permanently released.

Saltville may refuse to allow a permanent capacity release if it

has a reasonable basis to conclude that it will not be financially

indifferent to the release. If Customer's request to permanently

release capacity is denied by Saltville, Saltville shall notify

Customer via e-mail and shall include in the notification the

reasons for such denial.

 

4.17 Capacity Request Notice. Any party desiring to acquire firm

storage capacity pursuant to Section 4 must submit the following

information to Saltville via e-mail to link-

help@spectraenergy.com:

 

(a) the Replacement Customer's name and contact information;

 

(b) the Maximum Storage Quantity, Maximum Daily Injection

Quantity and Maximum Daily Withdrawal Quantity desired;

 

(c) the desired commencement date and term of the service;

 

(d) the desired primary receipt and delivery points and the

associated Maximum Daily Receipt Quantity and Maximum Daily

Delivery Quantity for the service;

 

(e) the rate(s) that Replacement Customer will pay for the

service;

 

(f) whether Replacement Customer will accept a release with

recall rights, and if so, what recall rights would be

acceptable; and

 

(g) whether Replacement Customer's request is contingent, and if

so, the basis for the contingency.

 

Saltville shall post such information on the LINK® System for a

period of one month or until a transaction is effected, whichever

is shorter.