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.