TW Transactional Reporting Capacity Release - Offer Comments
Date Requested: Dec 21 2024 11:05 AM
TW Transactional Reporting Capacity Release - Offer Comments
TSP Name: Transwestern Pipeline Company, LLC (TSP: 007933047)
| Offer Number: 14484 |
| Comment Type | Comment Text |
|---|---|
| Terms/Notes | The right to amend primary points applies only to this capacity release offer. The right to amend primary points does not apply to a re-release of this capacity. In addition, the right to amend primary points is subject to the terms and conditions of the AMA between Atmos Energy Corporation, ("Releasing Shipper") and Sequent Energy Management LLC ("Replacement Shipper") |
| Terms/Notes - AMA | This capacity is released pursuant to an asset management arrangement ("AMA") between Atmos Energy Corporation ("Releasing Shipper"), and Sequent Energy Management LLC ("Asset Manager"). Asset Manager will acquire 100% of Releasing Shipper's capacity for the period April 1, 2024 through March 31, 2025. Subject to the terms of the AMA, Asset Manager is required to deliver natural gas to Releasing Shipper in an amount up to one hundred (100%) of the released capacity on each and every day of the release. |
| Recall/Reput Terms | Capacity being released is immediately recallable upon (i) a breach that leads to the termination of the Asset Management Agreement; (ii) failure by the Asset Manager to fulfill its delivery obligations subject to the terms and conditions of the Asset Management Agreement; or (iii) the mutual agreement of the parties. |