Kinder Morgan Louisiana Pipeline LLC

Original Volume No. 1

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Effective Date: 03/01/2009, Docket: RP09-257-000, Status: Effective

Original Sheet No. 120 Original Sheet No. 120

 

GENERAL TERMS AND CONDITIONS

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projected differences in competitive alternatives or market demand

(provided that this is not intended to tie separate service together

for bidding purposes); or (E) volumes, where the value of KMLP's

services may vary due to current or projected differences in

competitive alternatives, market demand or other factors related to

contract volume levels. The reserve price matrix in an open season may

include multiple terms, from one Month or less to multi-Year, and

shall indicate if firm capacity is only available for a limited time

due to operational or physical constraints or due to the contractual

commitment of such capacity in the future.

 

(iii) Unless KMLP elects to post the reserve

price as part of the posting of an open season, KMLP shall provide the

reserve price or reserve price matrix to an independent third party

before the posting of an open season. A bidder in an open season may

request the reserve price or reserve price matrix applicable to that

open season at any time after the close of the open season and KMLP

will provide such information to the requesting bidder within one

Business Day after KMLP receives the request.

 

(d) POINT CHANGES

 

(1) A Shipper with an FTS Agreement may, upon

notice to KMLP not later than one (1) Business Day, and not earlier

than twenty-eight (28) days, prior to the first nomination for service

in any Month, designate on a temporary basis primary points which are

different from those set out in the FTS Agreement; provided, however,

that such revised primary point designation must be consistent with

Shipper's capacity (the split between Leg 1 and Leg 2 required by this

Tariff); and provided further that such a designation shall be subject

to the availability of firm capacity to the revised point(s) and at

the revised point(s). KMLP will advise Shipper if any aspect of such a

notice cannot be accommodated within one (1) Business Day. Primary

points shall revert to those in the FTS Agreement on the earlier of:

the end of the Month or upon one (1) Business Day's prior notice by

Shipper and KMLP shall not take any action which would diminish the

Shipper's firm rights upon such reversion. Nothing herein shall be

read to preclude KMLP from awarding and allocating firm capacity to

take effect upon the reversion of such primary point rights or from

using the capacity freed up by the temporary point change to provide

interruptible or secondary point service for other shippers pending

reversion. A permanent change in primary points can only be

effectuated by an amendment to the FTS Agreement.