National Fuel Gas Supply Corporation

Fourth Revised Volume No. 1

 Contents / Previous / Next / Main Tariff Index

 

 

Effective Date: 02/25/2009, Docket: RP09-269-000, Status: Effective

Fourth Revised Sheet No. 359 Fourth Revised Sheet No. 359

Superseding: Third Revised Sheet No. 359

 

GENERAL TERMS AND CONDITIONS

 

 

10. CAPACITY RELEASE(Cont'd.)

 

(x) the minimum price, if any; any maximum/minimum rates

specified by the releasing Shipper should include the

tariff reservation rate and all demand surcharges as a

total number or stated separately;

 

(xi) the standard(s) to be utilized by Transporter for

determining the best bid for the capacity to be released

and for selecting among more than one "best bid" (if

different from the standards set forth at Section

10.5(a) hereof, which standards must be objectively

stated, applicable to all Potential Shippers, and non-

discriminatory;

 

(xii) reput rights if any; reput rights should be specified at

the time of the deal; reput method and rights are

individually negotiated between the Existing Shipper and

Replacement Shipper;

 

(xiii) whether volumetric bids or bids based upon other

variants of the rates applicable to the capacity to be

released are to be solicited;

 

(xiv) whether the Existing Shipper requests the assistance of

Transporter's Interstate Marketing Department in

locating Potential Shippers for the capacity to be

released;

 

(xv) whether the Replacement Shipper will be required to

enter into an agreement with the Existing Shipper, and

if so, a description of the terms and conditions of such

agreement; and where the release is to an asset manager

under an asset management agreement as defined in

Section 284.8(h)(3) of the Commission's regulations, the

volumetric level of the asset manager's delivery or

purchase obligation and the time period during which

that obligation is in effect;

 

(xvi) whether Potential Shippers may submit bids subject to

contingencies that extend beyond the posting period

applicable to the notice;

 

(xvii) whether the Existing Shipper requests a release of

further obligations to Transporter, as described in

Section 10.7 hereof; and