Petal Gas Storage Company
Original Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 04/01/2003, Docket: RP00-491-003, Status: Effective
Substitute Original Sheet No. 11A Substitute Original Sheet No. 11A : Effective
FSS RATE SCHEDULE (Continued)
4.9 Releases Not Subject to Bidding.
(a) Thirty-one Days or Less. A Releasing Customer may release its
firm capacity to a Designated Replacement Customer for a term
of 31 days or less without prior posting or bidding for the
released capacity. The Releasing Customer and its Designated
Replacement Customer shall notify Petal of the terms of the
prearranged release, and Designated Replacement Customer may
nominate for next day gas flow upon receipt by Petal of
notification of such release. Petal will tender a contract
with a contract number within one hour of receipt by Petal of
notification of the release. Petal will post on its Internet
website an announcement of the release. The Designated
Replacement Customer must comply with the creditworthiness
requirements of this FERC Gas Tariff. Once the term of the
release hereunder has expired, the Releasing Customer cannot
rollover or extend the release period, or re-release its
capacity to the same Replacement Customer under this provision
until twenty-eight (28) days or more have elapsed since the
termination of the prior release. However, the Releasing
Customer may release the capacity to the same Replacement
Customer under the bidding provisions of this Section.
(b) Maximum Rate. A Releasing Customer may release its firm
capacity to a Designated Replacement Customer for the maximum
rate without prior posting or bidding for the released capacity.
The Releasing Customer and its Designated Replacement Customer
shall notify Petal of the terms of the prearranged release, and
Designated Replacement Customer may nominate for next day gas
flow upon receipt by Petal of notification of such release.
Petal will tender a contract with a contract number within one
hour of receipt by Petal of notification of the release. Petal
will post on its Internet website an announcement of the
release. The Designated Replacement Customer must comply with
the creditworthiness requirements of the FERC Gas Tariff.