| MIGC LLC |
|
Original Sheet No. 35 : Effective |
| FERC Gas Tariff |
|
|
| MIGC LLC |
RATE SCHEDULE FTS-1
Firm Transportation Service
(Continued)
1. Notice
A firm Shipper holding a FTS-1 Agreement with a contract term of five
(5) years or more will be notified by MIGC no less than four (4) nor more than
six (6) months before the expiration of its FTS-1 Agreement, by MIGC's posting
same on MIGC's Electronic Bulletin Board. No less than three (3) nor more
than six (6) months before the expiration of its FTS-1 Agreement, Shipper
shall notify MIGC of its intention to execute a new FTS-1 Agreement for the
maximum rate and for the minimum term commensurate with the initial term. If
such notice is received by MIGC, the bidding process does not apply.
A firm Shipper with a FTS-1 Agreement term of at least one (1) year, up
to but not including five (5) years or a firm Shipper with a FTS-1 Agreement
term of five years or more but which wishes to roll the FTS-1 Agreement over
at less than maximum rates or for a term less than the initial term will be
notified by MIGC no less than four (4) nor more than six (6) months before the
expiration of its FTS-1 Agreement by MIGC's posting same on MIGC's Electronic
Bulletin Board. No less than three (3) nor more than six (6) months before
the expiration of its FTS-1 Agreement, Shipper shall notify MIGC that it
wishes MIGC to post its capacity for the purpose of initiating the bidding
process.
In any event, a firm Shipper may elect to retain a portion of its
capacity, subject to the bidding process, and have the pipeline's pregranted
abandonment authority apply to the remainder of the capacity.
Failure of Shipper to give the notice described in this section for
either a FTS-1 Agreement with a term of five or more years or a FTS-1
Agreement with a one to five year term will allow MIGC to resell such capacity
and will result in the automatic abandonment of the entitlement at the end of
the contract term. In such circumstances, MIGC shall post the availability of
such capacity on the EBB no less than 60 days prior to termination of the
contract.
| Issued by: |
| Issue date: |
|
Effective date: 08/01/08 |