Colonial Press Release
Colonial Announces Open Season For Mainline Commitments
COLONIAL ANNOUNCES OPEN SEASON FOR MAINLINE COMMITMENTS
Certain Rate Discounts Accompany Volume Commitments
ALPHARETTA, Ga. (Sept. 12, 2013) – Colonial Pipeline Company announces a binding Open Season that gives shippers and prospective shippers the opportunity to enter into a Transportation Services Agreement.
Highlights of the Open Season offering include:
• Certain rate discounts based on shipper commitment to originate volumes on Lines 1 and 2, with flexibility to adjust volume commitments periodically
• Enhancements to the allocation calculation and the excess capacity allocation processes for contract shippers
• Initial contract term of up to ten years, with commitment and discounts anticipated to begin in early 2014
The Open Season begins immediately and ends at 5:00 pm CDT Monday, October 28, 2013.
Shippers and prospective shippers that want access to the Open Season documents, including the Transportation Services Agreement, are required to execute and deliver a Confidentiality Agreement.
A copy of the Confidentiality Agreement is on Colonial’s website at: www.colpipe.com/ca.pdf and may also be obtained by contacting Colonial’s Open Season Hotline at 678 – 762-2472.
It is recommended that shippers and prospective shippers contact Colonial as soon as possible to allow sufficient time for receipt and review of the Open Season documents.
Executed confidentiality agreements may be submitted to:
Colonial Pipeline Company
Attn: Beth Anderson, Open Season Administrator
1185 Sanctuary Parkway, Suite 100
Alpharetta, Georgia 30009
Inquiries should be directed to Colonial’s Open Season Hotline, 678 – 762-2472, or to [email protected]. Media inquiries should be directed to Steve Baker at 678 – 762-2589.