Florida Gas Transmission Company, LLC
Fourth Revised Volume No. 1
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Effective Date: 02/23/2009, Docket: RP09-253-000, Status: Effective
First Revised Sheet No. 296 First Revised Sheet No. 296
Superseding: Original Sheet No. 296
GENERAL TERMS AND CONDITIONS
18. CAPACITY RELINQUISHMENT
This Section sets forth the sole means by which a firm Shipper ("Relinquishing
Shipper") may, pursuant to Section 284.8 of the Commission's Regulations,
relinquish its firm capacity rights under a service agreement with Transporter to a
third party ("Acquiring Shipper").
Non-biddable relinquishments are prearranged relinquishments that are defined as
1. A capacity relinquishment for any period of thirty-one (31) days or less.
A firm Shipper shall not roll over, extend or in any way continue such
capacity relinquishment to the same Acquiring Shipper until 28 days after
the first release period has ended. This 28-day period does not apply to
any release to the same Acquiring Shipper that is posted for bidding or
that qualifies for any of the other exemptions from bidding set forth in
Sections A.2, A.3 or A.4 below.
2. A capacity relinquishment for more than one year at the maximum tariff
3. A capacity relinquishment to an asset manager as defined in Section
284.8(h)(3) of the Commission’s Regulations.
4. A capacity relinquishment to a marketer participating in a state-
regulated retail access program as defined in Section 284.8(h)(4) of the
All other relinquishments shall be biddable.
B. Capacity Eligible For Release
A Shipper with a service agreement under Rate Schedule FTS-1, FTS-WD or FTS-2 may
relinquish all or a portion of its firm capacity ("eligible capacity") from an
individual Service Agreement pursuant to this Section 18. A Shipper may also
relinquish all or a portion of its NNQ under Rate Schedule NNTS; provided however,
Shipper may only relinquish its Rate Schedule NNTS capacity at the Shipper's
primary delivery points. Capacity held by a Shipper under any rate schedule other
than as set forth above shall not be eligible for capacity relinquishment.
Relinquishments under this section may not exceed the maximum rate applicable to
the relinquished capacity; provided, however, that no rate limitation shall apply
to a capacity relinquishment for a period of one year or less if the
relinquishment is to take effect on or before one year from the date on which
Transporter is notified of the relinquishment.
Re-release of capacity: Acquiring Shipper may re-release acquired capacity subject
to the terms attached to the acquired capacity in all previous releases.