Pacific Interstate Offshore Company
Second Revised Volume No. 1
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Effective Date: 01/01/1994, Docket: RS92- 73-001, Status: Effective
Original Sheet No. 54 Original Sheet No. 54 : Effective
GENERAL TERMS AND CONDITIONS (cont'd)
17. CAPACITY RELEASE (Cont'd)
17.1 Procedure for Making Offer to Release: (Cont'd)
9. Whether, if two or more persons submit
bids of equal value, the released capacity
will be allocated (1) pro rata; (2) to
the person first submitting a bid or (3)
b. The amount of capacity offered for release at
each delivery point shall not be less than 100
MMBTU per day, so as to avoid measurement
difficulties relative to smaller amounts and
disproportionate administrative burdens.
c. Minimum posting periods shall be as follows:
1. For capacity to be released for a term of one
month to three months, the posting must be for
at least three days prior to the date capacity
will become available.
2. For capacity to be released for a term of more
than three months but less than two years, the
posting must be for at least 10 days prior to
the date the capacity will become available.
3. For capacity to be released for a term of two
years or longer, the posting must be for at
least 15 days prior to the date the capacity
will be available.
4. The above posting periods shall not be
applicable in the case of a prearranged
transaction at the maximum rate pursuant to
Section 17.3, or to any release pursuant to
17.12 or 17.13.