What is a “Bona Fide” AMA - CommPartners

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Posting and Bidding Requirements • All capacity releases must be posted on pipeline’s electronic bulletin board • Generally a 3-step process � Step 1: Pipeline posts releasing shipper’s offer to release � Step 2: Pipeline accepts bids from potential replacement shippers � Step 3: Pipeline allocates capacity to the highest bidder (NPV or other specified method) • Note: any Replacement Shipper must meet the pipeline’s creditworthiness standards (prior to bidding) 16
Prearranged Capacity Release • Releasing Shipper may designate a Replacement Shipper to receive capacity • With 4 exceptions, still subject to FERC’s bidding requirements • Designated Replacement Shipper will be given opportunity to match the highest bid 17
Page 1 and 2: ACC Energy Committee Webinar Natura
Page 3 and 4: Types of Pipeline and Storage Capac
Page 5 and 6: Existing Interstate Capacity • Op
Page 7 and 8: Common Tariff Provisions - Not Nego
Page 9 and 10: Permissible “Non-Conforming” Pr
Page 11 and 12: The Precedent Agreement • Open Se
Page 13 and 14: The Service Agreement • Service a
Page 15: FERC’s Capacity Release Program
Page 19 and 20: Limits on Discounted Releases for 3
Page 21 and 22: Negotiating Asset Management Arrang
Page 23 and 24: AMAs (cont’d) • Three FERC rule
Page 25 and 26: What is a “Bona Fide” AMA • T
Page 27 and 28: Posting Requirements for AMAs • A
Page 29 and 30: Flexibility in AMAs (cont’d) •
Page 31 and 32: Negotiating Terms • 311 - Service
Page 33 and 34: Questions? Thank You!

What is a “Bona Fide” AMA - CommPartners

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