Cheniere Creole Trail Pipeline, L.P.
Original Volume No. 1
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Effective Date: 04/28/2008, Docket: RP08-137-000, Status: Effective
Original Sheet No. 170 Original Sheet No. 170 : Pending
GENERAL TERMS AND CONDITIONS
D. Acquisition of Eligible Capacity
Except as set forth in Section 19.F herein, Replacement Shippers may only
acquire eligible capacity through the bidding process set forth in Section
E. Open Season Bidding - Biddable Releases:
1. Parties That May Bid
In order to submit a bid under, any party, including a prearranged Replacement
Shipper must be on the approved bidders list. To be on the approved bidders
list, a party must (1) satisfy the provisions of Section 22.A (Information
Required to Accompany Transportation Requests) and Section 17
(Creditworthiness) of the General Terms and Condition and (2) have executed a
Master Service Agreement for Capacity Release Transactions in the form set
forth in this Tariff. A party shall remain on the approved bidders list until
such party notifies Transporter to the contrary or no longer meets the credit
qualifications in Section 17 of these General Terms and Conditions.
2. Capacity Release Timelines (in Central Clock Time)
The capacity release timeline is applicable to all parties involved in the
capacity release process; however, it is only applicable if (1) all
information provided by the parties to the transaction is valid and (2) there
are no special terms or conditions to the release.
(a) For biddable releases (less than 1 year):
i. offers should be tendered by 12:00 P.M. on a Business Day.
ii. open season ends no later than 1:00 P.M. on a Business Day (evaluation
period begins at 1:00 P.M. during which contingency is eliminated,
determination of best bid is made, and ties are broken);
iii. evaluation period ends and award posting if no match required at
iv. match or award is communicated by 2:00 P.M.