Pacific Gas Transmission Company
First Revised Volume No. 1-A
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Effective Date: 02/02/1998, Docket: GT98- 17-000, Status: Effective
Second Revised Sheet No. 73 Second Revised Sheet No. 73 : Effective
Superseding: First Revised Sheet No. 73
TRANSPORTATION GENERAL TERMS AND CONDITIONS
(Continued)
18. OPERATING PROVISIONS (Continued)
18.3 (B) Credit-worthiness for Interruptible Transportation Service
(Continued)
(d) A demonstration by the Shipper that the Company
has sufficient financial capacity or backing to
warrant an extension of credit. This
demonstration could include proof of banking
relationships sufficient to cover the service
agreement, or a detailed listing of credit
references within the industry, exhibiting a good
credit history.
(2) If Shipper does not demonstrate credit-worthiness,
Shipper has the option of receiving interruptible
transportation service under this FERC Gas Tariff First
Revised Volume No. 1-A if Shipper provides PG&E GT-NW a
letter of credit in an amount equal to the cost of
performing the maximum level of service requested for a
three (3) month period of time. The letter of credit must
be from a credit worthy financial institution and be in
place before the Transportation Service Agreement can
be signed. The Shipper also has the option of
receiving transportation service if Shipper prepays for
transportation services on a month-to-month basis
pursuant to the following terms:
(a) For a calendar month in which transportation
service is desired (delivery month), Shipper must
notify PG&E GT-NW no later than eight (8) business days
prior to the commencement of delivery month
(estimation date) of its estimation of the
maximum, cumulative gas deliveries (monthly
estimation) desired for the delivery month. (For
Shipper's initial monthly estimation, the delivery
month, or remaining portion thereof, shall
commence eight (8) days after the estimation
date.) Notice of monthly estimation may be
telephonic or written; telephonic notices must be
confirmed in writing and received by PG&E GT-NW within
five (5) business days. PG&E GT-NW will advise Shipper
within forty-eight (48) hours of the estimation
date of the exact dollar amount of the prepayment.
Shipper shall not deliver or receive gas in excess
of the monthly estimation during delivery
month. (Continued)