Tres Palacios Gas Storage LLC

Original Volume No. 1

 Contents / Previous / Next / Main Tariff Index

Effective Date: 02/25/2009, Docket: RP09-260-000, Status: Effective

First Revised Sheet No. 118 First Revised Sheet No. 118

Superseding: Original Sheet No. 118

GENERAL TERMS AND CONDITIONS

(Continued)

(d) Releases Not Subject to Bidding. Prearranged

capacity releases of a duration of thirty-one (31) Days or less,

to an asset manager (as defined by FERC regulations at 18 C.F.R.

284.8(h)(3)) or to a marketer participating in a state-regulated

retail access program (as defined by FERC regulations at 18 C.F.R.

284.8(h)(4)) are not required to be posted for bidding pursuant

to Section 4.3. Nonetheless, Releasing Shipper may elect to post

one of the foregoing releases for bidding pursuant to Section 4.3.

Releasing Customer shall notify TRES PALACIOS of the foregoing

releases by providing the information pursuant to Section 4.1,

which information will be posted on the Internet Web Site (as

required by Section 4.5) in accordance with the following

timelines:

Timely Cycle:

Posting of prearranged deals not subject to bid are

due by 10:30 a.m. CCT.

Evening Cycle:

Posting of prearranged deals not subject to bid are

due by 5:00 p.m. CCT.

Intraday 1 Cycle:

Posting of prearranged deals not subject to bid are

due by 9:00 a.m. CCT.

Intraday 2 Cycle:

Posting of prearranged deals not subject to bid are

due by 4:00 p.m. CCT.

Prior to the nomination deadline for the chosen cycle for the

begin date specified in the Releasing Customer's notice, the

Prearranged Replacement Customer must initiate confirmation of

prearranged deals electronically. TRES PALACIOS will issue a

contract within one hour of notification of the release (with a

new contract number, when applicable). Nominations for Gas flow

are possible beginning at the next available nomination cycle for

the effective date of the contract. Such nominations will be

processed in accordance with the nomination and scheduling

requirements of Section 8 of the General Terms and Conditions;

however, in no circumstance will Gas flow prior to the effective

date of the release as specified in Releasing Customer's offer.

If a release of capacity is exempt from bidding because it is for

a term of thirty-one (31) days or less, a Releasing Shipper may

not roll-over, extend, or in any way continue the release to the

same Replacement Shipper using the thirty-one (31) day or less

bidding exemption, unless the Releasing Shipper complies with the

posting and bidding requirements of Section 4.3 or not less than

twenty-eight (28) days have elapsed since the conclusion of the

prior release period.