Informational Lookups

Overview of Capacity Release Program
Capacity on Tennessee Gas Pipeline can be released on the PASSKEY system through the Capacity Release icon in the Passkey directory menu.

Q: When must a release be posted?

A release must be posted if one of the following conditions exist:

(1) The release term is greater than 31 days at less than max rate
(2) The release is a rollover (defined as releasing the same or overlapping capacity to the same party within 28 days of the end of a previous release. (i.e. non-biddable release from Party A to Party B ends on 3/31/2000, Party A cannot release the same or overlapping capacity to Party B until 4/29/2000, UNLESS release is at max rate, in which case the 28-day rule does not apply.)

Q: How long must a release be posted in Capacity Release?

The length of time that a release must be posted depends on whether it is a short-term or long-term release.

A short-term release is defined as less than 1 year. A short-term release may be posted for as little as one business day.

(1) Bidding must open no later than 12PM (CCT), for one business day prior to the nomination deadline and
(2) Bidding must close at 1PM (CCT), 1 business day prior to the nomination deadline

A long-term release is defined as greater than or equal to 1 year. Bidding must open no later than 12PM (CCT), three business days prior to the nomination deadline.