East Tennessee Natural Gas Company

Second Revised Volume No. 1

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Effective Date: 05/01/2000, Docket: RP00-534-000, Status: Effective

First Rev Second Revised Sheet No. 134 First Rev Second Revised Sheet No. 134 : Superseded

Superseding: First Rev First Revised Sheet No. 134

 

 

GENERAL TERMS AND CONDITIONS (Continued)

 

 

17. TEMPORARY RELEASE OR PERMANENT ASSIGNMENT OF RIGHTS TO FIRM

TRANSPORTATION SERVICE

 

17.1 Applicability - This Section 17 implements Section 284.8 of the

FERC's regulations and is applicable to any Shipper that holds

rights to firm transportation that elects to temporarily release

or permanently assign all or a portion of such firm transportation

rights ("Releasing Shipper"). For purposes hereof, the term

"transportation," "transportation service" or "transportation

rights" shall include firm transportation service offered under

Rate Schedule FT-A, and the term "release" or "released" shall

apply to permanent assignments as well as temporary releases

unless otherwise noted. A Releasing Shipper shall have the right

to release any portion of its firm transportation rights and

obligations but only to the extent that the rights so released are

acquired by another party pursuant to the provisions of this

Section 17, that executes either a Released Transportation Service

Agreement for a temporary release or a Pre-Assignment Agreement

for a permanent assignment. Such party shall be referred to

herein as "Replacement Shipper". A person that desires to bid on

and obtain firm transportation rights released under the

provisions of this Section 17 shall be known as a "Bidder."

 

For the purpose of this Section 17, effective through September

30, 2002, or any later date established by the Commission, a

Releasing Shipper, a Replacement Shipper or a Bidder may specify a

rate in excess of the applicable maximum tariff rate if the term

of the release is less than one (1) year.

 

17.2 Releasing Shipper's Request - A Releasing Shipper that desires to

release its rights to transportation on a basis that does not

qualify for an exemption from posting pursuant to Section 17.11

hereof, may post directly via PASSKEY, a Release Request

containing the following information:

 

(a) Releasing Shipper's name and transportation service

agreement number;

 

(b) the maximum daily quantity to be released ("Release

Quantity") (including any minimum acceptable Released

Quantity);

 

(c) the proposed commencement date and term of the release

(including any minimum acceptable term);

 

(d) the Primary Receipt and Delivery Points for the released

capacity and the amount of the firm capacity to be released

at each such point (the total receipt point capacity

released shall equal the total delivery point capacity

released);

 

(e) the reservation and/or usage rates and all other applicable

rates, charges, and surcharges for the released

transportation, including any applicable minimum rate(s);

 

(f) whether the transportation rights are to be subject to

recall or reput, and if so, the specific conditions for

recall or reput;