Sabine Pipe Line Company
Second Revised Volume No. 1
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Effective Date: 07/31/1993, Docket: RS92- 78-003, Status: Effective
Original Sheet No. 266 Original Sheet No. 266 : Superseded
bid, the winning bid shall be determined by means of
a lottery, with all capacity being allocated to the
winner(s), unless the offer to release capacity
specifies a different tie breaker.
10.10 Award of Capacity and Posting of Bids
Upon determination and acceptance of the best bid,
the winning Replacement Shipper shall be notified in
writing by Sabine. Sabine shall post notice on
Sabine's electronic bulletin board that the capacity
has been awarded. The notice will include the
Replacement Shipper's name and the price, reservation
quantity and term of the best bid. A Confirmation
Letter incorporating the terms of the accepted bid,
shall be tendered and executed by the Replacement
Shipper prior to Sabine's nomination deadline for the
flow of gas utilizing the released capacity.
If no bids are submitted by the bid deadline, the
Releasing Shipper's Offer shall be removed from
Sabine's electronic bulletin board.
10.11 Prearranged Releases
a) Prearranged Releases Subject to Bidding
A Releasing Shipper may arrange for its own
Replacement Shipper. The Prearranged Replacement
Shipper must meet all of the requirements
established for bidders pursuant to this Section
10. If the Prearranged Replacement Shipper agrees
to pay the maximum reservation charge applicable
to the Releasing Shipper's service, for the full
released quantity and term offered by the
Releasing Shipper, and the Prearranged Replacement
Shipper satisfies all of the requirements of this
Section 10, the Prearranged Bid will be deemed the
best bid, and a Confirmation Letter must be
executed in accordance with this Section 10 and
the terms of Sabine's FERC Gas Tariff. Sabine
shall thereafter post on its Electronic Bulletin
Board the identity of the Prearranged Replacement
Shipper, and the terms upon which the capacity was
released.