K N Interstate Gas Transmission Co.

Second Revised Volume No. 1-B

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Effective Date: 07/10/1995, Docket: RP95-412-000, Status: Effective

Third Revised Sheet No. 51 Third Revised Sheet No. 51 : Superseded

Superseding: Second Revised Sheet No. 51

GENERAL TERMS AND CONDITIONS FOR SERVICES - continued

 

 

Shipper willing to pay the maximum rate(s). Such capacity releases

will be posted on the electronic bulletin board for informational

purposes. The Posting will consist of the information listed in

Section 23.2(a) and the information will be posted for fourteen (14)

days.

 

23.11 CAPACITY RELEASE FOR THIRTY-ONE (31) DAYS OR LESS.

 

a. Prearranged assignment of capacity to a replacement Shipper

will take place immediately when capacity is released by a firm

Shipper who has pre-arranged a release to a designated

replacement Shipper for a period of thirty-one (31) days or

less. Such capacity releases will be posted on the electronic

bulletin board within forty-eight (48) hours of the release for

information purposes. A short term release at the maximum rate

may be rolled over. For prearranged releases at less than

maximum rate, a releasing Shipper may not roll over, extend or

in any way continue a release under this section without

complying with the notification and bidding requirements of

this section, and may not re-release to the same replacement

Shipper under this section until twenty-eight (28) days after

the first release period has ended. Capacity releases for

thirty-one (31) days or less at maximum rate may be rolled over

if both parties notify K N no later than one (1) day before the

applicable nomination deadline of their plan to roll over.

 

b. Assignment of capacity for periods of thirty-one (31) days or

less may be posted on the EBB for bidding. Such capacity

releases will be posted on the EBB for four (4) hours. Such

releases must be consummated within twenty-four (24) hours of

posting or within twenty-four (24) hours after the Transporter

receives the release notification, whichever is later. At the

releasing or replacement Shipper's option, the gas may flow

after the twenty-four (24) hour period.